In the Eurozone inflation rose to 2% from 1.7% in September with food inflation at 2.9% and services at 3.9%.
Harmonized inflation in Greece increased to 3.2% in October, from 3.1% a month earlier, according to Eurostat’s preliminary data. In the Eurozone inflation rose to 2% from 1.7% in September with food inflation at 2.9% and services at 3.9%.
Euro area #inflation expected to be 2.0% in October 2024, up from 1.7% in September. Components: services +3.9%, food, alcohol & tobacco +2.9%, other goods +0.5%, energy -4.6% – flash estimate https://t.co/sgfZmd9uBx pic.twitter.com/XkLarms4To
— EU_Eurostat (@EU_Eurostat) October 31, 2024
In the individual components of inflation in the euro area, services were the biggest contributors at an annual rate of 3.9% in October (stable compared to September) followed by food, alcohol, tobacco at 2.9% (vs. 2.4 % in September).
Non-energy industrial goods saw their prices increase by 0.5% (versus 0.4% in September) and while energy fell by 4.6% (versus -6.1% in September).
Source: Skai
I am Janice Wiggins, and I am an author at News Bulletin 247, and I mostly cover economy news. I have a lot of experience in this field, and I know how to get the information that people need. I am a very reliable source, and I always make sure that my readers can trust me.
