Eurozone inflation rises to 4% in October, highest since September 2023

FinanceInternationalEl EspectadorNov 4, 2026, 7:20 AMAI summary

Eurozone inflation stood at 4% in October, up from 3.8% in September and the highest level since September 2023, according to Eurostat's first estimate. The figure covers the 21 countries that share the euro and is in line with analysts' expectations. The rise came from energy: energy prices rose 20.8% in October, versus 18.9% in September, driven by more expensive oil due to the conflict in the Middle East. Services went from 3.2% to 3.3% and food from 1.3% to 1.6%.

In 40 seconds

Eurozone inflation reached 4% in October, up from 3.8% in September, the highest level since September 2023.
Energy prices rose 20.8%, versus 18.9% the previous month, driven by higher oil prices linked to the conflict in the Middle East.
Services went from 3.2% to 3.3% and food from 1.3% to 1.6%.

Read the full story at El Espectador

IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.

inflación
zona euro
Eurostat
energía
precios

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Eurozone inflation rises to 4% in October, highest since September 2023

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