Annual inflation in the euro area in October at the level of forecasts

According to final data of the EU statistical agency Eurostat, the annual consumer price index for the euro area amounted to -0,1% in October compared with -0.3% in the previous month. A year earlier the rate of inflation in the eurozone reached 3.2%. In monthly terms, the consumer price index for October increased by 0,2%.
Annual consumer price index excluding prices for food, tobacco, alcohol and fuel (main index) was 1.2% for the reporting period. The value of the meet analysts' forecasts.