Eurozone Preliminary CPI accelerates by 4.1% YoY in October, beats estimates

The annualized Eurozone Consumer Price Index (CPI) rose by 4.1% in October, beating expectations of 3.7% while sharply higher from the previous reading of 3.4%, the latest data published by Eurostat showed on Friday.  

The core figures arrived at 2.1% YoY in October when compared to 1.9% expectations and 1.9% booked last.

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