13 Hrs
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مباشر
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European inflation peaks
Inflation in the euro area rose to 4.0% in October, up from 3.8% in September, reaching its highest level in three years amid a sharp increase in energy costs. Core inflation held steady at 2.5%, while headline inflation exceeded the European Central Bank’s 2% target. With inflation expected to remain above 4% until mid-2027, markets are anticipating an interest rate hike in December and expect two to three increases in the deposit rate over the next year.
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