Euro area HICP inflation to increase to 1.7% y-o-y in September - Nomura

Analysts at Nomura expect the flash reading of euro area HICP inflation to increase to 1.7% y-o-y in September from 1.5% y-o-y in August.

Key Quotes

“This is primarily due to energy-related base effects. Core inflation, however, is also expected to rise modestly to 1.3% y-o-y from 1.2% and reflecting modest wage-related pressures.”