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.
Here are some recent economic data reports from the European front:
- Eurozone Consume Price Inflation (CPI) slowed to +1.4% year-over-year in OCT vs. +1.5% in SEP
- Eurozone “core” CPI slowed to +0.9% year-over-year in OCT vs. +1.1% in SEP
- France’s Consumer Price Inflation (CPI) ticked up to +1.1% year-over-year in OCT vs. +1.0% in SEP
- Germany’s CPI slowed to +1.6% year-over-year in OCT vs. +1.8% in SEP
- 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.
