Eurozone CPI dropped further to -0.3% yoy in September, down from August’s -0.2% yoy, missed expectation of -0.1% yoy. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in September (1.8%, compared with 1.7% in August), followed by services (0.5%, compared with 0.7% in August), non-energy industrial goods (-0.3%, compared with -0.1% in August) and energy (-8.2%, compared with -7.8% in August).
