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Europe Inflation Even Worse Than US, Hits 10%, Higher Than Feared

  • Euro zone inflation hit a new record high of 10% in September, Eurostat data showed on Friday, up from 9.1% in August and above consensus projections of 9.7%.
  • Energy prices rose 40.8% year-on-year, up from 38.6% in August, followed by food, alcohol and tobacco at 11.8%, up from 10.6% last month.
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