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Euro area: inflation and consumer prices

This dossier follows euro area consumer-price estimates, their components and revisions. It distinguishes headline inflation from the underlying measure.

Last updated : 1 key moments
Euro coins photographed in 2023.
Archive illustration, November 2023. Lukasz Kobus / European Commission, CC BY 4.0; unchanged. — Lukasz Kobus / European Commission / Wikimedia Commons — CC BY 4.0 https://creativecommons.org/licenses/by/4.0/ ; 21 novembre 2023 ; sans modification.

Where things stand

The flash estimate released on 4 November 2026 puts October annual inflation at 4%, up from 3.8% in September. Inflation excluding energy, food, alcohol and tobacco remains at 2.5%.

Confirmed

Euro area inflation rises to 4% in October as energy prices climb

Annual euro area inflation reached 4% in October 2026, up from 3.8% in September, according to Eurostat’s flash estimate released on 4 November. Inflation excluding energy, food, alcohol and tobacco remained at 2.5%.

Euro coins photographed in 2023.
Archive illustration, November 2023. Lukasz Kobus / European Commission, CC BY 4.0; unchanged. — Lukasz Kobus / European Commission / Wikimedia Commons — CC BY 4.0 https://creativecommons.org/licenses/by/4.0/ ; 21 novembre 2023 ; sans modification.

Energy prices rose 20.8% from a year earlier, compared with 18.9% in September. Services inflation reached 3.3%, up from 3.2%. Food, alcohol and tobacco prices increased 1.6%, while non-energy industrial goods rose 1.2%.

The headline index increased 0.4% on the month. These are provisional estimates measuring changes in the consumer basket, rather than an announcement of an interest-rate decision. The contrast between rising headline inflation and the stable underlying measure highlights energy’s role in this release.

Sources 2

Euro area: inflation and consumer prices · Moojaz