Italy inflation surges to 5.4% as eurozone growth beats expectations
Economists flag stagflation risk as energy costs bring an added winter growth challenge
Italian inflation jumped to 5.4% in October from a year earlier, up sharply from 4.2% in September, as energy, food and transport prices pushed the rate well above the European Central Bank's 2% target, statistics agency Istat said on Friday, even as official data showed the eurozone economy growing 0.4% in the third quarter, beating expectations despite the Middle East war.