Prior +3.0%HICP +3.2% vs +3.0% y/y expectedPrior +3.0%
Core annual inflation is seen rising from 2.4% in September to 2.5% in October. So, that’ll continue to support the narrative of the ECB sitting on their hands on policy setting for what’s left of this year.
This article was written by Justin Low at investinglive.com.