Core inflation — which excludes volatile food and energy prices — dropped to 4.2% year-on-year in October from 4.5% in September. The euro zone economy…
Core inflation — which excludes volatile food and energy prices — dropped to 4.2% year-on-year in October from 4.5% in September.
Inflation across the euro zone dropped to a two-year low of 2.9% in October, according to preliminary data released Tuesday, down from 4.3% the previous month and below a consensus estimate of 3.1% from a Reuters poll of economists.
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