Eurozone final CPI revised higher to 0.5% MoM in September

  • Eurozone inflation arrives at 3.4% YoY in September.
  • Monthly CPI in the bloc rises to 0.5% in September.
  • EUR/USD remains unfazed below 1.1650 on the EZ data.

According to Eurostat’s final reading of the Eurozone CPI report for September, the consumer prices came in at 3.4% on a yearly basis, in line with the flash estimate of 3.4% and 3.4% expectations. While the core figures rose by 1.9%, matching the 1.9% consensus forecasts.       

On a monthly basis, the bloc’s CPI figure for September arrived at 0.5% versus 0.5% expectations and 0.4% previous while the core CPI numbers came in at 0.5% versus 0.5% expected and 0.5% last.

more to come …

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