Eurozone flash HICP grows faster by 4% YoY in October, as expected
Eurozone’s preliminary Harmonized Index of Consumer Prices (HICP) data for October arrives at 4% Year-on-Year (YoY), as expected, higher than September’s final reading of 3.8%. On a monthly basis, inflationary pressures grew at a moderate pace of 0.4% against the prior release of 0.6%.