# Eurozone inflation slows to 2.1%, yet Lagarde stays cautious | Euronews

> Eurostat's flash estimate put euro area inflation at 2.1% in October, down from 2.2% in September and close to the ECB's 2% target. Core inflation held at 2.4%, above forecasts. Lagarde said progress was welcome but flagged wage and global risks.

- Date: 2025-10-31 · published 2025-10-31T12:00:00.000Z
- Category: macro · region Europe · magnitude low
- Page: https://feedsoft.ai/events/22628-eurozone-inflation-slows-to-2-1-yet-lagarde-stays-cautious-euronews
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Sticky core inflation reduces the chance of near-term ECB cuts, which supports the euro and slightly lowers the cost of dollar-priced imports for European feed buyers.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2020-12-10 | [ECB to monitor euro appreciation 'very carefully': Lagarde](https://feedsoft.ai/events/49856-ecb-to-monitor-euro-appreciation-very-carefully-lagarde.md) | +0.8% | +0.7% |
| EURUSD | 2024-08-30 | [FX Daily: US and eurozone inflation in focus \| articles \| ING THINK](https://feedsoft.ai/events/29011-fx-daily-us-and-eurozone-inflation-in-focus-articles-ing-think.md) | 0.0% | +0.7% |
| EURUSD | 2025-09-30 | [Euro Firms as Inflation Data Backs Rate Caution](https://feedsoft.ai/events/23094-euro-firms-as-inflation-data-backs-rate-caution.md) | -0.2% | -0.6% |
| EURUSD | 2025-06-16 | [ECB relaxed about euro strength, risk of too low inflation, de Guindos says](https://feedsoft.ai/events/24434-ecb-relaxed-about-euro-strength-risk-of-too-low-inflation-de-guindos-says.md) | -0.2% | +0.5% |
| EURUSD | 2025-11-21 | [ECB’s Lagarde: Remains open to adjusting monetary policy if inflation deviates](https://feedsoft.ai/events/22151-ecb-s-lagarde-remains-open-to-adjusting-monetary-policy-if-inflation-deviates.md) | +0.6% | +1.6% |

## Sources

- euronews.com: https://www.euronews.com/business/2025/10/31/eurozone-inflation-slows-to-21-yet-lagarde-stays-cautious

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.