Euro area: Inflation slows to lowest level in nearly four years

The harmonized index of consumer prices (HICP) fell 0.1% over the previous month in October, which contrasted the 0.5% increase recorded in September. Annual headline inflation fell from 1.1% in September to 0.7% in October—the lowest reading since November 2009—and annual average inflation inched down from 1.7% in September to 1.6% in October.

Read more about European Inflation.

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