September 2015 Eurozone HICP flash -0.1% vs 0.0% exp y/y

September 2015 Eurozone HICP flash data report 30 September 2015

Prior 0.1%
Core 0.9% vs 0.9% exp y/y. Prior 0.9%

The core holding is probably the saving grace, not that it's much of a life saver. Draghi warned that inflation could sink and sink it has. They're ready to look through the "transitory factors" but the market might not. Keep your ears open for increased QE calls

EURUSD isn't that bothered at 1.1221

Energy is obviously the biggest driver dropping 8.9% from -7.2% in Aug

There are some positives, as grub, fags and booze (the 3 staples of life for many) came in at 1.4% vs 1.3% prior. Unprocessed food was +2.7 vs 2.4% prior