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Eurozone CPI -0.1% in September

Friday, Oct 16 2015
Euro area annual inflation was -0.1% in September 2015, down from 0.1% in August and in line with market forecasts. In September 2014 the rate was 0.3%. European Union annual inflation was -0.1% in September 2015, down from 0.0% in August. A year earlier the rate was 0.4%. 
 
The largest upward impacts to euro area annual inflation came from restaurants & cafés (+0.12 percentage points), vegetables (+0.11 pp) and tobacco (+0.08 pp), while fuels for transport (-0.71 pp), heating oil (-0.25 pp) and milk, cheese & eggs (-0.06 pp) had the biggest downward impacts. 
 
Euro is currently being trade around 1.1360 area. Pair is likely to find support around 1.1330 level and resistance above 1.1430 area. Later today, in the US session, Industrial Production and Consumer Sentiment figures are scheduled for a release.
More in this category: « Sterling little changed in a quiet morning trade US Industrial Production decreased 0.2% »

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