Prior +3.0%HICP +3.2% vs +3.2% y/y prelimPrior +3.0%
Core annual inflation is seen at 2.5% in October, slightly higher than the 2.4% reading in September. So alongside Germany, the price pressures here are still making a case for the ECB to stay on hold through to year-end.
This article was written by Justin Low at investinglive.com.