We wouldn’t read too much into the drop in the Monthly CPI Indicator in October because the figures don’t cover the entire CPI basket, but the data suggest that inflation is about to peak.

Although Bund yields have fallen today amid early signs that inflation may have peaked in the euro-zone, we don’t expect those yields to continue to drop sharply given only a gradual decline in core...

November’s fall in headline inflation in Germany and Spain suggest that the euro-zone headline rate will come in lower than we had anticipated when it is published tomorrow, and is now close to a peak...