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Europe Daily Bulletin No. 8084

5 November 2001
GENERAL NEWS / (eu) eu/economy
Eurostat estimates inflation at 2.4% in October

Brussels, 05/11/2001 (Agence Europe) - According to Eurostat data published on Monday, the euro zone annual inflation will be 2.4% in October, representing a drop of 0.1% in relation to the rise in consumer prices observed in September (2.5%). The rate of inflation in the euro zone has thus slowed down for five consecutive months (in May it stood at 3.4%). According to certain economists, this could encourage the European Central Bank (ECB) to cut interest rates, possibly on Thursday, at the...

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