German October prelim HICP inflation 11.6% vs 10.9% expected

• Prior was 10.9%
• HICP m/m +1.1% vs +0.5% expected
• Prelim CPI m/m +0.9% vs +0.6% expected
• Prelim CPI y/y +10.4% vs +10.1% expected

The regional numbers that have already been reported have been hot so this isn't a huge surprise but it highlights the challgen the ECB face and that the 50 bps priced in for December 15 isn't enough.