- Prior +1.5%
- HICP +1.8% vs +1.8% y/y prelim
- Prior +1.7%
Core annual inflation was seen at 2.5% on the month, up slightly from 2.4% in September. That just reaffirms a small bump in the works in the disinflation process. But given recent developments, the ECB will still feel comfortable in sticking with rate cuts for now.
