
Eurozone inflation rose to 4% in October from 3.8% in September, its highest level since September 2023 and twice the ECB’s target. Energy inflation accelerated to 20.8%, while services, food, alcohol and tobacco, and non-energy industrial goods also recorded higher inflation rates.
The broadening of price increases, alongside higher energy costs, could strengthen expectations that the ECB will keep policy restrictive. The figures describe consumer-price inflation and do not by themselves establish a new direction for feed-commodity prices.
After 54 past report events, Euro (USD per EUR) moved a median +0.1% over 5 sessions (59% higher; middle half -0.4% to +0.8%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.