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Eurozone October preliminary CPI -0.3% vs -0.3% y/y expected

Latest data released by Eurostat – 30 October 2020

  • Prior -0.3%
  • Core CPI +0.2% vs +0.2% y/y expected
  • Prior +0.2%

No change in euro area inflation data compared to September, but this just reaffirms the more subdued price pressures in the region towards the year-end. Core inflation is still seen holding at a record low and that won’t please ECB policymakers surely.
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