Euro area inflation rose to 4% in October, its first time at that level in three years.

A flash estimate showed inflation up from 3.8% in September.

Energy inflation rose to 20.8% from 18.9%, driving much of the increase.

All euro zone countries stayed above the European Central Bank's 2% target.

The ECB kept its key rate at 2.5% last month, after a 25 basis point hike in September.

💬 How should households handle inflation driven by energy shocks?

Source: CNBC

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