Eurozone Inflation Reaches 2% in October 2024: A Balancing Act

The eurozone’s inflation rate hit 2% in October 2024, up from September’s 1.7%. This increase surpassed economists’ predictions of 1.9%. The European Central Bank (ECB) watches these figures closely as they steer through complex economic conditions. Services remained the top contributor to inflation at 3.9% year-over-year. Meanwhile, prices for food, alcohol, and tobacco increased from […]

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