Eurozone CPI harmonised (Y/Y) Oct P: 2.9% (exp 3.1%; prev 4.3%)
- CPI Core (Y/Y) Oct P: 4.2% (exp 4.2%; prev 4.5%)
- CPI (M/M) Oct P: 0.1% (exp 0.3%; prev 0.3%)
Eurozone GDP SA (Q/Q) Q3: -0.1% (exp 0.0%; prev 0.1%)
- GDP SA (Y/Y) Q3: 0.1% (exp 0.2%; prev 0.5%)
Italian CPI (YoY) (Oct) Actual: 1.8% Expected: 2.3% Previous: 5.3%
Inflation data from the eurozone show a sizable drop in inflationary dynamics. Particularly strong in today's readings are the simultaneously reported data from Italy, where the y/y reading showed a drop to 1.8% from 5.3%.
EURUSD pair ticks lower after lower CPI data and GDP reading.
Source: xStation5
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