Germany October preliminary CPI +2.3% vs +2.2% y/y expected

• Prior +2.4%
• HICP +2.3% vs +2.2% y/y expected
• Prior +2.4%
• Core CPI +2.8% vs +2.8% y/y prior
• Full report here

We have slight beats on estimates but lower than prior figures. The core measure held steady at 2.8%. This shouldn't change anything for the ECB and keep the status quo.