<ul><li>Core CPI +4.8% vs +4.8% y/y prelim</li></ul><p style=““ class=“text-align-justify“>A slight revision lower to the headline reading, but close enough to be called double-digits – just not officially now. Either way, it still represents a record high inflation figure in the Eurozone. The core reading is unchanged and this still puts the pressure on the ECB to act ahead of a gruelling winter for the euro area economy.</p>
This article was written by Justin Low at forexlive.com.