The lowest annual rates were registered in France (7.1 per cent), Spain (7.3 per cent) and Malta (7.4 per cent). The highest annual rates were recorded in Estonia (22.5 per cent), Lithuania (22.1 per cent), and Hungary (21.9 per cent). Compared with September, annual inflation fell in 11 member states, remained stable in three, and rose in 13.
In October, the highest contribution to the annual euro area inflation rate came from energy (+4.44 percentage points, pp), followed by food, alcohol, and tobacco (+2.74 pp), services (+1.82 pp) and non-energy industrial goods (+1.62 pp).
ALCHEMPro News Desk (NB)
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