Euro area annual inflation set to rise to 4% in October - Fibre2Fashion

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Energy is expected to record the highest annual inflation rate among the main components at 20.8 per cent in October, compared with 18.9 per cent in September. Services are projected at 3.3 per cent, against 3.2 per cent a month earlier, while food, alcohol and tobacco are seen at 1.6 per cent, up from 1.3 per cent. Non-energy industrial goods are expected at 1.2 per cent, compared with 1.1 per cent, Eurostat said.