New data Core Inflation Rate YoY (Oct)

10/31/2024

actual 2.7, previous 2.7

The event is the Core Inflation Rate Year-over-Year (YoY) for the month of October in the European Union (EU). Core inflation excludes volatile items such as food and energy prices, providing a more stable measure of inflation.

The actual Core Inflation Rate YoY for October is 2.7%, which is slightly higher than the previous value of 2.7%. The market consensus or estimate was 2.6%, so the actual figure slightly exceeded expectations.

This event is considered to have a medium impact on the market, particularly for the Euro (EUR) currency. Inflation rates are closely monitored by central banks and investors as they can influence monetary policy decisions, interest rates, and overall market sentiment.

This is not investment advice. Remember to verify the information provided here.