As a result of October, in 19 eurozone countries, annual inflation accelerated sharply to a record 10.7% from 9.9% a month earlier. It is reported by RIA Novosti with reference to Eurostat data.
The agency, citing analysts interviewed by the DailyFX portal, reports that the eurozone countries expected the annual inflation rate to accelerate to only 10.2%, but in reality it amounted to 10.7%. Thus, the preliminary indicator of annual inflation in the eurozone again updated the historical maximum since the formation of this currency bloc. It is noteworthy that last year this figure was fixed at 4.1% per annum.
According to Eurostat, in October, the highest annual inflation was recorded in Estonia (22.4%), Latvia (21.8%) and Lithuania (22%), the lowest in France (7.1%), Spain ( 7.3%) and in Malta (7.5%).
Only in October of this year, the agency will write off, consumer prices in the eurozone, according to preliminary estimates, increased by 1.5%, and core inflation this year accelerated to 5% from 4.8% a month earlier.
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