Eurozone Inflation Rises to 4% in October as Energy Costs Surge
New Delhi, Nov. 5 -- Annual inflation in the eurozone accelerated to 4% in October 2026 from 3.8% in September, as sharply rising energy costs pushed up consumer prices across the single-currency bloc, according to Eurostat's flash estimate released on November 4.
The preliminary reading covers the 21 countries using the euro. It marked the highest inflation rate since September 2023 and matched economists' expectations in a Reuters poll. Consumer prices rose 0.4% compared with September.
Energy prices drive the increase
Annual energy inflation climbed to 20.8% in October from 18.9% in September, according to reporting on Eurostat's release. The acceleration made energy the principal driver of the higher headline figure.
The change in...
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