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European Economic Indicators Show Slower Growth and Falling Inflation Rates. 🇪🇺🏦
🇪🇺 European Core Consumer Price Index (CPI) (Monthly):
- No change, remains at 0.2%.
- Previous value: 0.2%.
🇪🇺 European Core Consumer Price Index (CPI) (Yearly) (Preliminary):
- Came in at 4.2%, in line with expectations, and below the previous figure of 4.5%.
- Initial prediction: 4.2%.
🇪🇺 European Consumer Price Index (Yearly Inflation Rate) (CPI Yearly) (Oct) (Preliminary):
- Lower than expected at 2.9%, falling below both previous data and forecasts.
- Forecast: 3.1%
- Previous: 4.3%
🇪🇺 European Consumer Price Index (CPI) (Monthly) (Preliminary):
- Lower than forecast, reported at 0.1%.
- Previous: 0.3%.
🇪🇺 European Gross Domestic Product (GDP) (Quarterly) (3rd Quarter) (Preliminary):
- Recorded a decrease of -0.1%, below the expected 0.0%.
- Previous: 0.1%.
🇪🇺 European Gross Domestic Product (GDP) (Yearly) (3rd Quarter) (Preliminary):
- Reported at 0.1%, falling short of the projected 0.2%.
- Forecast: 0.2%
- Previous: 0.5%
These economic indicators provide insight into the current state of the European economy, with some figures coming in below expectations and previous data. In particular, inflation rates have dipped, and GDP growth has slowed in the third quarter. These factors may have implications for the region's economic policies and financial markets in the near future.
