FX.co ★ Euro Area CPI Momentum Cools in October as MoM Inflation Eases to 0.4%

Euro Zone consumer price growth slowed in October 2026, with the month-over-month Consumer Price Index (CPI) rising 0.4%, down from a 0.6% increase in September. The fresh data, updated on 4 November 2026, indicate a moderation in short-term inflation momentum across the currency bloc.

On a month-over-month basis, the “actual” October figure reflects price changes compared with September, while the “previous” 0.6% reading for September captures the change from August to September. The step down from 0.6% to 0.4% suggests that, while prices are still increasing, the pace of monthly inflation has eased, a development closely watched by markets and policymakers for signs of shifting price pressures in the Euro Zone.