Eurozone September Headline Inflation Jumps to 3.8% YoY, Exceeding Forecasts
Eurozone's annual inflation rate accelerated to 3.8% in September, up from 3.2% in August and surpassing the 3.6% consensus forecast, according to Eurostat. Core inflation also saw a slight increase to 2.5% from 2.4%, matching expectations. The hotter-than-expected headline reading strengthens the case for the European Central Bank (ECB) to maintain a restrictive policy stance.
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