Dhaka, Nov. 1 -- Eurozone inflation eased to 2.1per cent in October, nearing the ECB's target. Lagarde praised progress but warned of global and wage-related risks.

Price growth in the eurozone continued to ease in October, reinforcing the European Central Bank's view that inflation is steadily moving back towards target, though stubborn services costs and global uncertainties continue to keep policymakers on alert.

According to a flash estimate from Euro stat, annual inflation in the euro area cooled to 2.1per cent in October, down from 2.2per cent in September, and now just a hair above the ECB's 2per cent medium-term target, reports Euro News.

The figure matched expectations and adds to a string of data suggesting the post-pandemic ...