00:01Eurozone inflation rose to 4% in October, its highest level in more than three years as soaring energy bills
00:08kept pushing up the cost of living across the block.
00:11The flash estimate from Eurostat showed annual inflation climbing from 3.8% in September exactly in line with the
00:204% economists had expected.
00:22It is the highest reading since September 2023 when inflation ran at 4.3%.
00:30Core inflation, which strips out energy, food, alcohol and tobacco, held steady at 2.5%. That also matched forecasts.
00:39Energy is doing most of the damage. Prices were 20.8% higher than a year earlier, up from 18
00:46.9% in September.
00:48Energy carries a weight of about 9% in the euro area shopping basket.
00:54Services inflation, which covers items such as rents, restaurants, holidays and insurance, edged up to 3.3% from 3
01:02.2%.
01:03Food, alcohol and tobacco prices rose 1.6%, up from 1.3%.
01:10Inflation in unprocessed food such as fresh fruit, vegetables and meat accelerated to 4.6% from 4%, a sign
01:19that the energy shock is now reaching supermarket shelves.
01:22λ
01:23to this upper right to 5%.
01:24That is SYMBinski gas prices, cars, electricity and heat.
01:24Than the underير air where they are, thea buy value for harm to 2.3% from 0.4%
01:24from contrat Сп 활ij Şey
