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Analysts at TD Securities and the market consensus look for a gain in euro area inflation to 2.1% y/y for headline and 1.1% y/y for core.

Key Quotes

“Regional German data suggest some strong upward momentum on the core index, while headline will be supported by higher energy prices. The German unemployment rate for September is also released, and markets look for an unchanged reading of 5.2%, an historic low. The ECB’s Peter Praet speaks at 1:35pm BST on macroprudential policy, while Philip Lane speaks to the Society of Professional Economists at 1:40pm BST.”