Brussels: The European statistical office, Eurostat, announced on Friday that the annual inflation rate in the euro area fell to 2.1 percent in October 2025, down from 2.2 percent in September, based on preliminary estimates.
According to Kuwait News Agency, Eurostat’s report highlighted that the services sector experienced the highest annual inflation rate in October at 3.4 percent, up from 3.2 percent in September. The food, alcohol, and tobacco sector followed with an inflation rate of 2.5 percent, decreasing from three percent in the previous month.
In contrast, non-energy industrial goods showed a slight increase in inflation, recording 0.6 percent compared to 0.8 percent in September. Meanwhile, the energy sector continued its downward trend, with a decrease of one percent, following a drop of 0.4 percent last month.
The office explained that these estimates indicate a continued slowdown in inflation rates in the euro area. This trend is being closely monitored by the European Central Bank (ECB) as it assesses price developments to determine its future direction regarding monetary policy and interest rates.