The latest Eurozone Core CPI (YoY) for October held steady at 2.7%, exceeding the consensus of 2.6%. The overall CPI (MoM) increased by 0.3%, reversing the previous decline of -0.1%. Additionally, the CPI (YoY) rose to 2.0%, surpassing the consensus estimate of 1.9% and up from 1.7% in the previous month.
#Eurozone #CPI #CoreCPI #Inflation #EconomicData #MonetaryPolicy #Finance
Eurozone inflation data for September shows Core CPI holding at 2.7% YoY, matching forecasts. Headline CPI fell to 1.7% YoY, slightly below the expected 1.8%, with a -0.1% MoM change. Trade balance for August came in at €4.6B, missing the €17.8B estimate and dropping sharply from the previous €21.2B. The data shows weaker inflation pressures and a decline in trade surplus.
The US inflation data for September; Core CPI (MoM) came in at 0.3%, above the consensus of 0.2%. On a yearly basis, Core CPI hit 3.3%, surpassing the expected 3.2%. Headline CPI (MoM) matched the previous month at 0.2%, beating the forecast of 0.1%. Year-over-year, headline CPI eased to 2.4%, slightly above the forecasted 2.3% but down from 2.5%.
#Canada’s #CoreCPI for Aug increased by 1.5% YoY, down from the previous 1.7%. #Inflation
Canada’s Core CPI for Aug dropped by 0.1% MoM, compared to the previous 0.3%.
Canada’s #CPI for Aug fell by 0.2% MoM, below expectations of 0.0% and down from the previous 0.4%. #Economy