Eurozone core inflation rate

Eurozone’s core inflation rate decreased to 4.2 by -7.0% on October 2023 from 4.5 in the previous month. On a year on year basis Eurozone’s core inflation rate decreased by -16.0%. Eurozone’s core inflation rate trend is down since the current value of 4.2 is lower than the 12 month moving average of 5.22. and the 12 month moving average slope is down.Eurozone’s core inflation rate 5-year percentile is currently at 22.0%.
A detailed analysis can be found here