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2025-10-31 19:07:30
[Eurozone Inflation Falls to 2.1% in October, Close to Central Bank Target] ⑴ Eurozone consumer price inflation fell to 2.1% in October, in line with market expectations. ⑵ This represents a further decline from September's 2.2%, gradually approaching the European Central Bank's 2% policy target. ⑶ Food and tobacco price increases slowed to 2.5%, with both processed and unprocessed food inflation easing. ⑷ Non-energy industrial goods inflation fell to 0.6%, while energy cost declines widened to 1.0%. ⑸ Services inflation accelerated for the second consecutive month to 3.4%, the highest level since April. ⑹ Core inflation remained stable at 2.4%, slightly higher than the market expectation of 2.3%.
