Eurostat reported today that the
eurozone's annual inflation rate was 2.9% in October 2023, down
from 4.3% in September. The rate was 10.6% a year ago. Annual
inflation in the European Union was 3.6% in October 2023, down
from 4.9% in September. The rate was 11.5% a year ago. The
highest annual rates were recorded in Hungary (9.6%), Czechia
(9.5%) and Romania (8.3%).
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