Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics
Published . Updated .
Key takeaways
- Eurozone inflation rose to 4% in October, its highest level in more than three years, as energy prices jumped 20.8% year over year and added nearly half of the headline increase.
- Exposed: VGK, BWX, EFA, ASML, HSBC
- Market reaction: VGK +2.6% on the day (still updating); HSBC +4.2% on the day (still updating); ASML −1.9% on the day (still updating)
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Eurozone inflation rose to 4% in October, its highest level in more than three years, as energy prices jumped 20.8% year over year and added nearly half of the headline increase. Core inflation stayed at 2.5%, while Italy saw the bloc's largest jump to 5.6%.
Directly affected
- No company is named in this report.
Indirectly affected
- USO United States Oil Fund+6.3% 30d
United States Oil Fund: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- XLE Energy Select Sector SPDR+6.9% 30d
Energy Select Sector SPDR: its price follows crude oil. Linked by “energy prices” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “energy prices” (tanker shipping) in this story.
- VGK Vanguard FTSE Europe ETF
Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”).
- EWI iShares MSCI Italy ETF-6.5% 9d
iShares MSCI Italy ETF holds stocks listed in Italy, which this story is about (“italy”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
- EFA iShares MSCI EAFE ETF-1.5% 9d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- SHEL Shell+3.5% 11d
Shell (crude petroleum and natural gas, with business in Europe): oil producers' profits rise and fall with crude prices. Linked by “energy prices” (oil) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| USO | +5.38% | +6.75% | base | -2.52% | after close | after close | after close |
| XLE | +2.64% | +4.95% | base | after close | after close | after close | after close |
| BWET | +7.18% | +11.56% | base | -12.01% | after close | after close | after close |
| VGK | -0.30% | -0.05% | base | +2.59% | after close | after close | after close |
| EWI | -0.37% | -0.89% | base | +3.81% | after close | after close | after close |
| BWX | +0.16% | +0.49% | base | after close | after close | after close | after close |
| EFA | +0.59% | +0.25% | base | after close | after close | after close | after close |
| SHEL | +0.85% | +4.31% | base | -1.24% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics IndexBox
Source: IndexBox
The price since 4 Nov 2026: Vanguard Intl Equity Index F (VGK) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| BWET | that day | -12.01% | still updating |
| BWET | three days earlier | +11.56% | final price |
| BWET | five days earlier | +7.18% | final price |
| Spdr Series Trust (BWX) | three days earlier | +0.49% | final price |
| Spdr Series Trust (BWX) | five days earlier | +0.16% | final price |
| Ishares Tr (EFA) | three days earlier | +0.25% | final price |
| Ishares Tr (EFA) | five days earlier | +0.59% | final price |
| EWI | that day | +3.81% | still updating |
| EWI | three days earlier | -0.89% | final price |
| EWI | five days earlier | -0.37% | final price |
| Shell (SHEL) | that day | -1.24% | still updating |
| Shell (SHEL) | three days earlier | +4.31% | final price |
| Shell (SHEL) | five days earlier | +0.85% | final price |
| USO | that day | -2.52% | still updating |
| USO | three days earlier | +6.75% | final price |
| USO | five days earlier | +5.38% | final price |
| Vanguard Intl Equity Index F (VGK) | that day | +2.59% | still updating |
| Vanguard Intl Equity Index F (VGK) | three days earlier | -0.05% | final price |
| Vanguard Intl Equity Index F (VGK) | five days earlier | -0.30% | final price |
| XLE | three days earlier | +4.95% | final price |
| XLE | five days earlier | +2.64% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman sold Ishares Tr (EFA) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 56 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 12 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Michael T. McCaul bought Asml Holding (ASML) (held by a spouse), worth $50,001 - $100,000 on 7 Aug 2026. That is 89 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Kevin Hern sold Novartis Ag (NVS), worth $15,001 - $50,000 on 27 Aug 2026. That is 69 days before publication. Filed 25 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vanguard Intl Equity Index F (VGK)
Companies carried with this story
- VGK Vanguard Intl Equity Index F
In “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics,” Vanguard Intl Equity Index F (VGK) is linked, with no stored direction, medium confidence. Reason on file: Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)
- BWX Spdr Series Trust
In “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics,” Spdr Series Trust (BWX) is linked, with no stored direction, medium confidence. Reason on file: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
- EFA Ishares Tr
Ishares Tr (EFA) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics.” Reason on file: iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes Europe
- ASML Asml Holding
For “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics,” Asml Holding (ASML) is linked, with no stored direction, medium confidence. Reason on file: ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
- HSBC Hsbc Holdings
Hsbc Holdings (HSBC) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics.” Reason on file: HSBC Holdings (savings institution, federally chartered) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
- SHEL Shell
In “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics,” Shell (SHEL) is linked, with no stored direction, medium confidence. Reason on file: Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
- NVS Novartis Ag
For “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics,” Novartis Ag (NVS) is linked, with no stored direction, medium confidence. Reason on file: Novartis AG (pharmaceutical preparations) is one of the largest Europe-based companies traded in the US, so news about Europe (“eurozone”) reaches its shares
Vanguard Intl Equity Index F (VGK)
The 4 Nov 2026 story “Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics” names Vanguard Intl Equity Index F (VGK) because of this story.
Vanguard Intl Equity Index F (VGK) is on the page because Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“eurozone”)
A second company, Spdr Series Trust (BWX), is listed for a different reason: SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in Europe
Price levels for Vanguard Intl Equity Index F (VGK)
EFA traded between 102.00 and 104.68 across 6 sessions. The latest close on file is 103.46.
What the saved facts support for Vanguard Intl Equity Index F (VGK)
46 out of 100Price not final
“Eurozone Inflation Reaches 4% in October, Highest in Over Three Years - News and Statistics” scores 46 out of 100. The score uses 1 sources, and 7 linked companies. The price is not final yet.