By Marcus Leach
Data released today (Wednesday) by Eurostat, the EU statistics agency, has revealed that inflation in the eurozone remained at 3% in October.
This figure is unchanged from the month before, and reflects the fact that energy costs remained high.
However, the rate is still above the European Central Bank's target of 2%, but analysts suggested that the rate could fall in the coming months.
The data Eurostat released also showed that across the 27-nation EU the average inflation rate was 3.4%, with the highest rate in the UK at 5%.
Join us on