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A DailyFX survey of analysts predicted that the percentage will drop to just 3.1 percent.
The eurozone saw 10.6% annual inflation exactly a year ago.
A preliminary estimate for October shows that consumer prices in the eurozone rose by 0.1%.
Concurrently, core annual inflation decreased from 4.5% to 4.2%, in line with analyst projections.
At the end of October, Slovakia reported the greatest annual inflation at 7.8%, followed by Croatia at 6.7%, Slovenia at 6.6%, and Italy at 1.9%. Belgium and the Netherlands recorded the lowest annual inflation, at 1.7% and 1%, respectively.
source: dailyfx.com
The eurozone saw 10.6% annual inflation exactly a year ago.
A preliminary estimate for October shows that consumer prices in the eurozone rose by 0.1%.
Concurrently, core annual inflation decreased from 4.5% to 4.2%, in line with analyst projections.
At the end of October, Slovakia reported the greatest annual inflation at 7.8%, followed by Croatia at 6.7%, Slovenia at 6.6%, and Italy at 1.9%. Belgium and the Netherlands recorded the lowest annual inflation, at 1.7% and 1%, respectively.
source: dailyfx.com
