10:01 AM · 31 October 2024

BREAKING: Eurozone flash CPI slightly higher than expected. EURUSD gains

Eurozone CPI dynamic (flash for October) came in 2% YoY vs 1.9% exp. and 1.7% previously

Core CPI came in 2.7% YoY vs 2.6% exp. and 2.7% previously

Unemployment rate came in 6.3% vs 6.4% exp. and 6.4% previously

EURUSD gains almost 0.1% today as eurozone inflation data (and yesterday readings from Germany) point to a little bit stronger economy and higher inflation dynamics.

Source: xStation5

Source: Eurostat, Bloomberg Finance L.P. XTB Research

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