<ul><li>Prior was 10.9%</li><li>HICP m/m +1.1% vs +0.5% expected</li><li>Prelim CPI m/m +0.9% vs +0.6% expected</li><li>Prelim CPI y/y +10.4% vs +10.1% expected</li></ul><p>The regional numbers that have already been reported have been hot so this isn’t a huge surprise but it highlights the challgen the ECB face and that the 50 bps priced in for December 15 isn’t enough.</p>

This article was written by Adam Button at forexlive.com.