Euro zone inflation hits 4% for first time in three years as interest rate hike looms

Euro zone inflation reached 4 percent in October 2026, according to the latest data, marking the first time the rate has reached that level since 2023. Energy prices surged above 20 percent during the same period. The European Central Bank is expected to consider interest rate adjustments in response to the increase.

• CNBC — Euro zone inflation hits 4% for first time in three years as interest rate hike looms

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