Eurozone CPI stalls in October

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 30, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FXStreet (Mumbai) - The preliminary data released by Eurostat, the statistical office of the European Union, showed consumer price index printed at 0.0% m/m in Oct, up from -0.1% in September 2015.

    As per the official report, “alcohol & tobacco is expected to have the highest annual rate in October (1.5%, compared with 1.4% in September), followed by services (1.3%, compared with 1.2% in September), non-energy industrial goods (0.4%, compared with 0.3% in September) and energy (-8.7%, compared with -8.9% in September).”

    The annualised CPI printed at 1.0% in October, beating the estimated 0.9% rise.
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