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Global Economic News

Eurozone Inflation Near 6-Year High

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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Eurozone inflation accelerated to a near six-year high in October largely on energy prices and the unemployment rate was at its lowest since 2008, despite the economy growing at the slowest pace in four years.

Inflation rose to 2.2 percent in October from 2.1 percent in September, flash data from Eurostat showed Wednesday. A similar higher rate was last seen in December 2012. The rate came in line with expectations.

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