Euro zone inflation rises to 4% in October due to higher energy costs
Fuel and electricity costs soar by 20.8% and push the general index up, while the underlying rate remains stable at 2.2%.
Inflation in the euro zone rose to 4% in October, up two tenths from September's figure, according to data published by Eurostat. This is the highest rate in three years. The increase was mainly driven by a 20.8% year-on-year rise in energy prices, and also by increases in services, food, alcohol, tobacco, and non-energy industrial goods.
Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
