Eurozone CPI inflation accelerated to 3.8% y/y, above the 3.7% forecast and up from 3.2% previously.
- Monthly CPI inflation in the euro area rose by 0.6% m/m in September, compared with a 0.5% forecast and 0.4% in August.
- Core CPI inflation in the euro area came in at 2.5% y/y in September, in line with expectations and up from 2.4% previously.
Headline inflation in the euro area came in slightly above expectations, while the monthly pace of price growth also accelerated, reinforcing the picture of persistent inflationary pressure. Core inflation remained more subdued, but still relatively elevated at 2.5% y/y.
The euro’s reaction has been limited, with the currency edging slightly higher against the pound sterling.
Source: xStation5
Daily Summary: Oil Rebounds, EURUSD Falls Sharply 🗽 Wall Street Stabilizes After Nvidia Sell-Off
Chart of the Day: Yen resumes decline as intervention risks escalate (12.11.2026)
Economic Calendar: UK GDP, Series of Fed Speeches, and Inflation Pressure in Japan
Economic calendar: European earnings season in focus amid light macro calendar (11.11.2026)