Prices in the 20 countries that share the euro as their currency rose 2.9% year-on-year in October, which is the lowest level since July 2021 and also represents a significant drop from the 4.3% annual rate of the previous month. The economy of the 27 countries of the European Union also cooled and the annual rate slowed to 3.6%, from 5% in September. The highest data were reported by Poland, Hungary and France, while Italy and Belgium have figures of less than 2% year-on-year.
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