Euro area core inflation risks rising - Commerzbank
Euro area headline inflation rose to 4.0% in October, highest in three years, while core held steady at 2.5%. Report notes broad-based price pressures beyond energy with higher energy costs expected to pass through, pushing core inflation higher.
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Why: Eurozone core inflation risks rising → pressure on EUR
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At publication → CurrentEUR1.124 → 1.123−0.1%