Germany October inflation slows, but winter energy risks keep ECB rate hike bets alive

The final report here pretty much confirms what we already seen with the preliminary report from earlier. The easing in price pressures in Europe's largest economy owed much to a slower increase in energy prices in October, as well as the introduction of temporary fuel tax cuts starting 1 October (scheduled to run through the end of the year). That being said, all measures of underlying inflation also fell with services and goods prices also dropping on the month.