Inflation Inflation in the eurozone weakens
As expected, inflation in the eurozone has weakened somewhat. In October, consumer prices rose by 2.1 percent year-on-year, according to the statistics office Eurostat in Luxembourg. In the previous month, the rate had been 2.2 percent.
31.10.2025, 13:31
SDA
Economists had expected inflation to fall. Inflation is thus moving back towards the target of the European Central Bank (ECB), which is aiming for inflation of two percent in the medium term. At such an inflation rate, the central bank considers its most important task of ensuring stable prices to have been fulfilled.
The core inflation rate, which excludes components that are particularly susceptible to fluctuation, remained at 2.4%, according to Eurostat. Inflation was driven primarily by an increase in prices for services, which rose by 3.4 percent year-on-year in October. In contrast, inflation was curbed by a fall in energy prices.
The ECB had again left its key interest rates unchanged the previous day. The financial markets do not expect any change to the key interest rates at the next interest rate meeting in December either.
