Eurozone Inflation Beats at 3.8%, but Core CPI Rises Only to 2.5%

Eurozone headline inflation accelerated from 3.2% to 3.8% y/y in September, above the 3.7% consensus, while prices rose 0.6% m/m. The increase was dominated by energy, where inflation jumped from 14.3% to 18.8% y/y and prices rose another 3.9% m/m. Food, alcohol and tobacco inflation also firmed from 1.1% to 1.4%, while services inflation increased […]

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