Czech Republic's inflation likely increased in October

In Czech Republic, month on month and year on year CPI inflation data, and share of unemployed (15-65) for October are due today. The unemployment rate in October might have reduced further as the industrial sector of the economy posted a solid growth rate in the month. 

The  share of unemployed persons aged between 15 to 65 might have reduced to 5.9% in October, said Societe Generale in a research note to its client. 

Similarly, the inflation rate could have increased further due to the accelerated in wage growth rate. The CPI inflation rate is expected to record 0.3% growth and the headline yoy inflation figure is expected at 0.6%, estimates SocGen.