Latest data released by Eurostat - 2 October 2020
- Prior -0.2%
- Core CPI +0.2% vs +0.4% y/y expected
- Prior +0.4%
Yikes, those are some really poor figures as euro area headline annual inflation keeps more subdued in deflation territory - lowest since February 2015 - with core inflation falling once more to a record low reading of just +0.2% y/y.
The ECB has this week tried to brush off the more subdued price pressures but it's only a matter of time before they will have to react with more urgency surely.
