'It's Different This Time' in Europe? No, No, No...

11/16/17 08:07AM EST

Editor's Note: Below is a brief excerpt from today's Early Look written by CEO Keith McCullough. Click here to learn more about the Early Look. 

'It's Different This Time' in Europe? No, No, No... - 11.16.17 EL Chart

Here are some recent economic data reports from the European front:

  1. Eurozone Consume Price Inflation (CPI) slowed to +1.4% year-over-year in OCT vs. +1.5% in SEP
  2. Eurozone “core” CPI slowed to +0.9% year-over-year in OCT vs. +1.1% in SEP
  3. France’s Consumer Price Inflation (CPI) ticked up to +1.1% year-over-year in OCT vs. +1.0% in SEP
  4. Germany’s CPI slowed to +1.6% year-over-year in OCT vs. +1.8% in SEP
  5. Spain’s CPI slowed to +1.6% year-over-year in OCT vs. +1.8% in SEP

For those of your friends who think “it’s different this time” in Europe because they bought a good looking chart of European stocks in May-July of 2017, you can remind them that on both European consumption and inflation factors it is not.

'It's Different This Time' in Europe? No, No, No... - Email graphic Cyber Monday 2

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