Eurozone inflation hits 3.8% in September, highest in three years

Eurozone inflation accelerated to 3.8% in September, the highest in three years, with Spain's harmonized rate reaching 5%, the highest among euro economies. This marks a significant deviation from the recent trend of disinflation, suggesting renewed price pressures. The data raises the likelihood of a more hawkish ECB stance, potentially impacting bond yields and the euro.