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Eurozone Oct Inflation Matches Flash Estimates

Eurozone inflation came in line with flash estimate in October, Eurostat said in its final report released Friday.

Inflation came in at 0.4 percent, up from 0.3 percent in September. The rate matched the estimate published on October 31. It has been below the 2 percent ceiling since February 2013.

Meanwhile, core inflation that excludes energy, food, alcohol and tobacco, slowed to 0.7 percent from 0.8 percent a month ago. The core rate also matched flash estimate.

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