September 2016 Eurozone CPI final 0.4% vs 0.4% exp y/y

Details of the September 2016 Eurozone CPI final data report 17 October 2016

• Flash 0.4%. Aug 0.2%

• 0.4% vs 0.4% exp m/m. Prior 0.1%

• Core 0.8% vs 0.8% exp y/y. Flash 0.8%. Prior 0.8%

That's inflation to the highest since 2014. Altogether now, whoooooo.

Until we sustainably get above 1.0% in the headline or 1.5% in the core, forget all talk about tapering.

Eurozone CPI & core y/y