Euro zone inflation rises to three-year high
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EURUSD=XBullish
EUR/USD
CCY
$1.12
+0.01(+0.48%)
as of 2m ago
submitted by /u/Severe_County_5041 [link] [comments]
It was driven by energy inflation, which surged above 20% in October.
The euro zone showed surprising resilience, but weak productivity, industrial competitiveness challenges and demographic pressures remain, analysts said.