No, the eurozone's inflation story isn’t changing much at the moment. Headline inflation ticked up mainly on energy base effects as energy inflation increased from -2% to -0.4% in September. This will likely fade again in the coming months, which means that this small flare-up of inflation can largely be ignored. In fact, we expect inflation to slightly undershoot the European Central Bank's target of 2% in the months ahead. Energy prices have been falling again, and euro strength adds to lower import prices at the moment. Besides that, wage growth is expected to moderate further in the coming quarters. The latter ... (full story)