Eurozone flash HICP rises to 3.8% YoY in Sep, beats 3.6% est
Eurozone’s preliminary HICP for September came in at 3.8% YoY, above the 3.6% estimate and August’s 3.2%. Monthly inflationary pressures accelerated to 0.6% from the prior 0.4%.
Original · FXStreet AI summary of public reporting
Why: Hot Eurozone inflation 3.8% > est → hawkish ECB pressure
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At publication → CurrentEUR1.125 → 1.12−0.4%