Eurozone Core & Headline CPI overviewEUROZONE CPI
Eurozone Headline and Core CPI for October both came in as expected (decrease)
Eurozone Headline CPI:
MoM – Actual 0.1% / Exp. 0.1% / Prev. 0.3%
YoY – Actual 2.9% / Exp. 2.9% / Prev. 4.3% (purple on chart)
Eurozone Core CPI:
MoM – Actual 0.2% / Exp. 0.2% / Prev. 0.2%
YoY – Actual 4.2% / Exp. 4.2% / Prev. 4.5% (blue on chart)
The chart below illustrates the direction of the current YoY down trend for both Headline and Core CPI however we are still not at the historical moderate levels of inflation desired. You can see these moderate levels of inflation between 0 – 2% from 2015 – 2020 below.