Eurozone Inflation Drops Sharply Amid Energy Deflation, Economic Contraction -- Update - News Summed Up

Eurozone Inflation Drops Sharply Amid Energy Deflation, Economic Contraction -- Update


By Joshua KirbyConsumer prices are slowing more than expected in the eurozone, driven in part by falling energy prices but also by lower food and services inflation. The consumer price index, which measures how fast prices are rising in the 20-member euro area, stood at 2.9% in October, dropping sharply from 4.3% the month before and below...


Source: Wall Street Journal October 31, 2023 19:39 UTC



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