Real estate investors felt relief as eurozone headline inflation beat market expectations by dropping to 2.9% in October from 4.3% the previous month. A Reuters survey among economists showed consensus to be 3.1%. A sharp drop in energy prices and lower food inflation were the drivers behind the fall.
Analysis
Eurozone Inflation Falls To 2.9% in October After Starting the Year at 8.6%
Trajectory Offers Bank of England Hope While UK Shop Price Inflation Drops to 14-Month Low of 5.2%
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