YoY Flash: 10.7% (forecast 10.3%, previous 9.9%) Full Report Reuters Note – Consumer price growth in the common euro19 country accelerated to 10.7% in October from 9.9% a month earlier, beating expectations. Eurostat data showed a survey of 10.2 percent on Monday, as inflation in Germany, Italy and France rose more than expected. Energy prices continued to accelerate inflation, but the price of food and imported manufactured goods rose sharply, although services this time played only a marginal role. The ECB raised interest rates by a total of 200 basis points over the last three months and promised further tightening in December. However, the market has begun to anticipate that rates will slow as a recession looms and gas prices fall from record highs. But policymakers are likely to be concerned that inflation, which filters out volatile food and fuel prices, has continued to rise, suggesting increased pressures, increasing the risk that high inflation will become entrenched.