The rise of consumer prices in the euro area accelerated to nearly six-year high
In October, the pace of the rise in consumer prices in the euro area accelerated close to the six-year high and exceeded the European Central Bank’s target of close to 2 percent.
According to preliminary data released by the European Union’s Statistical Office (Eurostat) on Wednesday, in line with analysts’ expectations, consumer prices rose by 2.2 percent in October in annual comparison. In September, consumer prices increased by 2.1 percent, so this inflation rate was around the ECB’s target figure for the fifth consecutive month. (MTI)
Related news
In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >Inflation can also be seen in popular fish dishes
As the summer season approaches, the prices of popular fish…
Read more >During the year, the big domestic banks can raise their fees again
As a consequence of inflation, the major Hungarian banks were…
Read more >Related news
A fifth of Hungarian online shoppers are still careless
Almost three-quarters of the Hungarian population regularly buys and pays…
Read more >MPL – We don’t mind that it’s available, but we don’t necessarily choose it
As of March 28, 2024, online stores are obliged to…
Read more >The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic…
Read more >