FX.co ★ Eurozone Inflation Confirmed at 2.1% in October

In October 2025, the annual inflation rate in the Eurozone stood at 2.1%, showing a slight decrease from 2.2% in September, yet remaining close to the European Central Bank's target of 2%. The increase in prices for food, alcohol, and tobacco moderated to 2.5%, down from 3.0% the previous month. This was attributed to slower price increases in both processed foods (2.3%, down from 2.6%) and unprocessed foods (3.2%, down from 4.7%). Inflation for non-energy industrial goods decreased to 0.6%, compared to 0.8% previously, while energy costs fell more significantly to -0.9% from -0.4%. Conversely, inflation in the services sector climbed for the second consecutive month, reaching 3.4%, marking its highest level since April. Core inflation, which excludes energy, food, alcohol, and tobacco, remained unchanged at 2.4%. Among the leading Eurozone economies, Germany experienced a slowdown in inflation to 2.3% from 2.4%, Italy saw a reduction to 1.3% from 1.8%, and France's inflation decreased to 0.8% from 1.1%. However, Spain witnessed an increase to 3.2% from 3.0%.