Eurozone October preliminary CPI +2.2% vs +2.2% y/y expected
Latest data released by Eurostat - 31 October 2018
- Prior +2.1%
- Core CPI +1.1% vs +1.1% y/y expected
- Prior +0.9%
The release here comes in-line with expectations. Nothing to really change things on the day as the positive tone from the improvement in core inflation was already well communicated from yesterday's German CPI readings.
EUR/USD holds near the lows for the day at 1.1336 as the dollar remains upbeat, EUR/GBP near the lows at 0.8900 and EUR/JPY now near flat levels at 128.29.