Eurozone inflation moved into double-digits for the first time on record in September as the single currency bloc struggles to meet energy needs amid an acute shortage, official data revealed on Friday.
Inflation advanced to 10.0 percent in September from 9.1 percent in August, Eurostat reported. The rate exceeded economists' forecast of 9.7 percent.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.