ECB faces hard choices as inflation hits 2.6%

Inflation in the euro area rose to 2.6% in October - half a percentage point higher than in September, according to statistics published by the Eurostat, the EU statistics office.

The figures, which put inflation at its highest level since September 2005, leave the European Central Bank with a difficult decision to make on whether or not to hike rates.

The central bank's primary role is to maintain price stability by keeping inflation below but close to 2%. However, it will be hard to raise r

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: