Latest data released by Eurostat - 16 October 2019
- Final CPI +0.8% vs +0.9% y/y prelim
- CPI +0.2% vs +0.2% m/m expected
- Prior +0.1%
The preliminary report can be found here. The annual headline reading is a little weaker than initial estimates but the key thing is that the core reading is seen unchanged. As such, there isn't anything in the release here to shift the dial in the inflation outlook.
EUR/USD continues to hold steady near 1.1040 currently, off earlier highs of 1.1060 on the back of German stimulus hopes.
