The Consumer Price Index (CPI) of the euro zone has risen 0.2% in its monthly reading for October, improving by one tenth the previous and expected 0.1%. This is the biggest rise seen by the indicator since last June.
La iAnnual inflation has shown a fall of 0.3%, matching the forecasts and the result of the previous month. This is the third consecutive month that the indicator is negative.
The Annual core CPI increased by 0.2%, as expected, thus matching the September result. Both figures remain the lowest seen by the indicator since the series began. At a monthly level, core inflation stands at 0.1%, with the September result also being revised to 0.1%, one tenth below the 0.2% forecast.
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