Eurozone: November headline inflation likely to soften to 2.0% y/y - TDS

Analysts at TD Securities expect the Eurozone’s November headline inflation to soften to 2.0% y/y on the back of energy prices and in line with the market consensus.

Key Quotes

“We look for core inflation to remain unchanged at 1.1% y/y, also in line with the consensus.”

“The October unemployment rate is also released and markets expect an improvement to 8.0%.”