(Eurostat) Annual inflation in the euro area was 4.1% in October, the highest since 2008, beating, and beating17.6% increase in September.
Services led to a 2.1% increase in inflation compared to 1.7% in September.
Non-energy industrial goods saw a 2.0% increase in inflation, a lower jump compared to 2.1% the previous month. Food, alcohol, and tobacco held steady at a 2.0% increase.
DAX is down -0.86%, EURUSD is down -0.21%.
