The number that should worry the ECB this week is not the headline. It is the gap between Germany and Italy.
πͺπΊ Eurozone inflation jumps to 3.8%, and Italy is pulling away from the rest
The week in view
πͺπΊ Eurozone inflation jumps to 3.8%, and Italy is pulling away from the rest
Eurozone inflation accelerated to 3.8% in September from 3.2% in August. Italy jumped to 4.1% while Germany held at 3.3%, a gap the ECB has to answer at its October 29 meeting.
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