Eurozone final inflation arrives at 1.2% MoM in September vs. 1.2% expected

• Eurozone inflation arrives at 9.9% YoY in September, revised down.
• Monthly HICP in the bloc rises by 1.2% in September.
• EUR/USD keeps a range around 0.9820 on the mixed Eurozone data.

Eurozone’s Inflation surged 9.9% in September, on an annualized basis, according to Eurostat’s final reading of the Eurozone Harmonised Index of Consumer Prices (HICP) report for the month.

The reading missed expectations of 10.0% while against the 10.0% previous. Core figures rose by 4.8% YoY, meeting the 4.8% market estimates and 4.8% last.       

The bloc’s HICP rose by 1.2% MoM versus 1.2% expected and 1.2% first estimate.

The core HICP numbers came in at 1.0% MoM versus 1.0% expected and 1.0% previous.