Eurozone final CPI revised higher to 0.8% MoM in October

• Eurozone inflation arrives at 4.1% YoY in October.
• Monthly CPI in the bloc rises to 0.8% in October.
• EUR/USD remains unfazed around 1.1315 on the EZ data.

According to Eurostat’s final reading of the Eurozone CPI report for October, the consumer prices came in at 4.1% on a yearly basis, in line with the flash estimate of 4.1% and 4.1% expectations. While the core figures rose by 2%, missing the 2.1% consensus forecasts.       

On a monthly basis, the bloc’s CPI figure for October arrived at 0.8% versus 0.8% expectations and 0.5% previous while the core CPI numbers came in at 0.3% versus 0.3% expected and 0.3% last.

more to come ...