External broker reports(aggregated public sources), ABN AMRO

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>Two key economic reports published in the eurozone today, are indicating that disinflation is well on its way.</li><li>To begin with, HICP inflation fell to 2.9% in October, down from 4.3% in September, which was below the consensus and our own forecast.</li><li>The bulk of the drop was thanks to energy price inflation, which fell to -11.1% from -4.6% on the back of a sharp negative base effect (in October 2022, energy inflation peaked at 41.5%), but the inflation rates of all other main components also declined in October.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Two key economic reports published in the eurozone today, are indicating that disinflation is well on its way.To begin with, HICP inflation fell to 2.9% in October, down from 4.3% in September, which was below the consensus and our own forecast.The bulk of the drop was thanks to energy price inflation, which fell to -11.1% from -4.6% on the back of a sharp negative base effect (in October 2022, energy inflation peaked at 41.5%), but the inflation rates of all other main components also declined in October.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Eurozone disinflation well on its way