The Euro Zone's October Core Reconcile CPI Was 1.1% Of The Year's Initial Value.

Noted:The core value of the euro zone CPI in October was 1.1%, with a forecast value of 1.1% and a pre value of 0.9%. The euro zone reconciled CPI in October to 2.2%, 2.2%, 2.1% before.

Data show that inflation accelerated in October and potential price pressures increased, complicating policymakers'choices after the eurozone economy slowed to its lowest level since 2014.

The consumer price index rose by 2.2% over the same period last year, and the index of excluding volatile ingredients rose to 1.1%.

Specific data:

The core value of the euro zone CPI in October was 1.1%, with a forecast value of 1.1% and a pre value of 0.9%.

The euro zone reconciled CPI in October to 2.2%, 2.2%, 2.1% before.

The eurozone unemployment rate in September was 8.1%, 8.1% and 8.1%.

Over the past five months, eurozone inflation has been higher than the ECB's target of slightly less than 2%. High energy prices are one of the main reasons. Mario Draghi, president of the European Central Bank, said he believed a strong labor market and rising wages would also push up core prices, justifying a gradual withdrawal from monetary stimulus.

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