Eurozone inflation accelerated to the highest level in 13 years on surging energy prices in September, flash data from Eurostat showed on Friday.Inflation advanced to 3.4 percent in September from 3.0 percent in August. The rate was also above economists' forecast of 3.3 percent. This was the highest rate since September 2008.Core inflation that excludes energy, food, alcohol and tobacco, increase...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.