Eurozone CPI was finalized at 10.6% yoy in October, up from September’s 9.9% yoy. CPI core (all item ex energy, food, alcohol, & tobacco), was finalized at 5.0% yoy, up from prior month’s 4.8% yoy. The highest contribution to annual inflation rate came from energy (+4.44%), followed by food, alcohol & tobacco (+2.74%), services (+1.82%) and non-energy industrial goods (+1.62%).
EU CPI was finalized at 11.5% yoy, up from September’s 10.9% yoy. The lowest annual rates were registered in France (7.1%), Spain (7.3%) and Malta (7.4%). The highest annual rates were recorded in Estonia (22.5%), Lithuania (22.1%) and Hungary (21.9%). Compared with September, annual inflation fell in eleven Member States, remained stable in three and rose in thirteen.