Bert Colijn, Senior Economist at ING, notes that Eurozone’s headline inflation increased to 2.2% in October from 2.1% last month and the increase was mainly driven by stronger energy price growth and the weaker euro. Key Quotes “Core inflation rebounded stronger than expected, up to 1.1% from 0.9%, partly due to an increase in package holiday prices.” “The increase in underlying inflation seems to have been rather small. The labour market is creating more wage pressures, but the pickup in wage growth remains modest for the moment. Unemployment actually increased a little bit in September and the unemployment rate has been stable at 8.1% since July. This could reflect some of the business uncertainty about the outlook, slowing the process of increasing wage pressure.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Italy’s EconMin Tria: 2019 deficit won’t rise if budget measures do not work FX Street 4 years Bert Colijn, Senior Economist at ING, notes that Eurozone's headline inflation increased to 2.2% in October from 2.1% last month and the increase was mainly driven by stronger energy price growth and the weaker euro. Key Quotes "Core inflation rebounded stronger than expected, up to 1.1% from 0.9%, partly due to an increase in package holiday prices." "The increase in underlying inflation seems to have been rather small. The labour market is creating more wage pressures, but the pickup in wage growth remains modest for the moment. Unemployment actually increased a little bit in September and the unemployment rate has… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
