Various-Eurozone Inflation/Oct
Various-Eurozone Inflation/Oct
Dateline : Nov 4, 2026/File
Location : Various
Duration : 1'08
Beijing, China - Nov 4, 2026 (CCTV Video News Agency- No access Chinese mainland)
1. Screenshot of inflation data released by Eurostat
FILE: Frankfurt, Germany - Date Unknown (CCTV - No access Chinese mainland)
2. Various of European Central Bank (ECB) headquarters
3. Sign of euro at Eurotower
FILE: Beijing, China - Date Unknown (CCTV - No access Chinese mainland)
4. Various of euro banknotes going through bill counter
FILE: Brussels, Belgium - Nov 9, 2021 (CGTN - No access Chinese mainland)
5. Vendor arranging fruits
6. Various of fruits
FILE: Madrid, Spain - May 30, 2022 (CCTV - No access Chinese mainland)
7. Various of food on supermarket shelves
FILE: Athens, Greece - April 21, 2022 (CCTV - No access Chinese mainland)
8. Various of gas station, price board
9. Driver refueling car
FILE: Paris, France - Sept 2026 (CCTV - No access Chinese mainland)
10. Various of Arch of Triumph, traffic
Annual inflation in the eurozone rose to 4.0 percent in October, up from 3.8 percent in September, according to a flash estimate released Wednesday by Eurostat, the statistical office of the European Union.
Energy prices remained the main driver of inflation, rising 20.8 percent year on year in October, compared with 18.9 percent in September.
Services inflation edged up to 3.3 percent from 3.2 percent in September, while inflation for food, alcohol and tobacco increased to 1.6 percent from 1.3 percent. Inflation for non-energy industrial goods rose slightly to 1.2 percent from 1.1 percent.
Core inflation, which excludes energy, food, alcohol and tobacco, remained unchanged at 2.5 percent.
Among the eurozone's major economies, inflation fell in Germany to 2.8 percent in October from 3.3 percent in September, while in Spain, it edged down to 4.9 percent from 5.0 percent. By contrast, inflation rose in France to 3.8 percent from 3.4 percent and in Italy to 5.6 percent from 4.2 percent.
Lithuania recorded the highest annual inflation rate among the 21 eurozone countries at 6.1 percent, followed by Bulgaria at 6.0 percent. Malta registered the lowest rate at 2.3 percent.
Eurozone inflation has remained above the 2 percent medium-term target of the European Central Bank (ECB) for eight consecutive months.
The ECB's latest Survey of Professional Forecasters, released on Oct. 30, showed that forecasters had revised up their inflation expectations for 2027 by 0.4 percentage points to 2.6 percent, mainly reflecting higher energy prices and their indirect effects.
ID : 8506867
Published : 2026-11-05 09:50
Last Modified : 2026-11-05 16:35:24
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : No access Chinese mainland
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