Eurostat

Stories

Eurozone growth beats forecasts, clearing the ECB's path to another rate hike

Published the Q3 flash estimate on October 30, showing 0.4% growth

The European Central Bank cut rates in early 2026, then reversed course in June when an oil shock pushed inflation up. It raised rates again on September 10, lifting its deposit rate to 2.50%, and held on October 29.

Updated Oct 30

Eurozone inflation jumps as Iran war energy shock spreads

Money Moves

Published September inflation at 3.8% on October 2

The European Central Bank held its deposit rate at 2.50% on October 29, after debating whether to hike again. Eurozone inflation had hit 3.8% in September, a three-year high, as energy prices rose 18.9% on the Iran war.

Updated Oct 14