Eurozone CPI rose from 1.7% yoy to 2.0% yoy in October, above expectation of 1.9% yoy. CPI core (energy, food, alcohol & tobacco) was unchanged at 2.7% yoy, above expectation of 2.6% yoy.
Looking at the main components, services is expected to have the highest annual rate in October (3.9%, stable compared with September), followed by food, alcohol & tobacco (2.9%, compared with 2.4% in September), non-energy industrial goods (0.5%, compared with 0.4% in September) and energy (-4.6%, compared with -6.1% in September).
 was unchanged at 2.7% yoy, above expectation of 2.6% yoy.){kind=link}