European Markets End Lower Friday as Investors React to Earnings; Euro Zone Inflation Falls to 2.1%
5 Articles
5 Articles
Brussels - Inflation slowed very slightly in October in the euro area, in line with the European Central Bank's (ECB's) target. The price rise was 2.1% over one year, compared with 2.2% in September, according to a Eurostat press release published on Friday. The analysts interviewed by Bloomberg were talking about a slowdown in inflation at this level. The underlying inflation - adjusted for volatile energy and food prices -, which is a referenc…
Eurozone CPI eases to 2.1%, but core holds firm at 2.4%
Eurozone inflation slowed slightly in October, though underlying price pressures remained sticky. According to the flash estimate, headline CPI edged down to 2.1% yoy from 2.2%, in line with expectations. Core inflation, which excludes energy, food, alcohol and tobacco, held steady at 2.4%, surprising on the upside compared with forecasts of 2.3%. A closer look […] The post Eurozone CPI eases to 2.1%, but core holds firm at 2.4% appeared first o…
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