Please call the FX Department at 626-279-3235 for the most current rate.
October 31, 2025
Euro traded at 1.1543 against USD at 9:00 AM PST
France's inflation rate slowed in October as food price growth eased, and energy prices declined more sharply. Consumer price inflation eased to 1.0% from 1.2% in September. Inflation was seen at 1.1%. Likewise, harmonized inflation slowed to 0.9% from 1.1% a month ago.
There was a more sustained fall in the prices of energy, driven by the decrease in those of gas and petroleum products. Overall energy prices decreased 5.6% after a 4.4% fall. Food price inflation softened to 1.3% from 1.7%. Meanwhile, services inflation held steady at 2.4%.
Compared to the previous month, the consumer price index edged up 0.1%, following September's 1.0% decline. Similarly, the HICP rose 0.1%, in contrast to the 1.1% decrease a month ago.
Producer prices in the French industry for the home market were up 0.1% annually in September, the same as in August. Month-on-month, producer prices edged down 0.2%, after falling at the same rate in August. 10/31/2025 - 10:03:00 (RTTNews)
Germany's import prices dropped at the slowest pace in five months in September as the decline in energy prices slowed notably. Import prices logged a yearly decline of 1.0% in September, which was slower than the 1.5% decrease in August. This was the slowest fall since April.
The decline in energy prices had the biggest impact on overall import prices. Energy prices were down 11.0% from a year ago. Import prices of intermediate goods were 0.4% lower than in the previous year. Similarly, capital goods prices eased 0.5%. Partially offsetting these gains, import prices of consumer goods were 1.1% higher than a year ago. Compared to the previous month, import prices increased 0.2% in September.
Export prices slid 0.6% after August's 0.5% increase. Month-on-month, export prices remained flat in September. 10/31/2025 - 08:41:00 (RTTNews)
Consumer price inflation in Italy softened in October to the lowest level in a year. Consumer price inflation slowed to 1.2% in October from 1.6% in September. The slowdown in inflation was largely due to a 0.8% fall in prices of regulated energy products, which grew 13.9% in September.
The annual price growth in unprocessed food products softened to 1.9% from 4.8%, and inflation based on transport-related services slowed to 2.0% from 2.4%. Excluding energy and fresh food, core inflation held steady at 2.0%. Monthly, consumer prices dropped 0.3% in October.
Inflation, based on the harmonized index of consumer prices (HICP), eased to 1.3% in October from 1.8% in the previous month. Monthly, the HICP decreased 0.2%. 10/31/2025 - 06:39:00 (RTTNews)
Hong Kong's economy expanded at a faster pace in the three months ending in September, driven by a continued surge in exports and sustained expansion in domestic demand. GDP advanced 3.8% year-over-year in the third quarter, following a 3.1% growth in the second quarter. On a seasonally adjusted quarter-to-quarter basis, real GDP grew by 0.7% compared to the previous quarter.
The expenditure breakdown showed that private consumption expenditure grew 2.1% annually, faster than the 1.9% increase in the June quarter. Meanwhile, the growth in government consumption moderated to 1.6% from 2.5%.
Gross domestic fixed capital formation advanced 4.3% versus 1.9% in the June quarter. The annual growth in exports of goods accelerated to 12.2% from 11.5%, while imports advanced at a slower pace of 11.7% versus 12.6%.
Hong Kong's retail sales value rose 5.9% annually in September, after a 3.9% increase in August. Further, this was the quickest growth since December 2023. Sales of consumer durables grew the most, by 20.5%. 10/31/2025 - 09:00:00 (RTTNews)
Taiwan's economic growth moderated more slowly in the third quarter. GDP advanced 7.64% year-on-year in the September quarter, slower than the 8.01% increase in the June quarter. On the expenditure side, private final consumption grew by 0.92% over the year, and government final consumption rose only by 0.1%.
Gross capital formation in the domestic economy was almost unchanged, as the increase in investment in machinery equipment, intellectual property products, and construction was offset by a decrease in investment in transportation equipment. Exports of goods and services grew 30.6%, and imports were 25.3% higher.
On a quarter-on-quarter seasonally adjusted annual basis, GDP rose at a slower pace of 5.32% versus a 12.8% expansion a quarter ago. 10/31/2025 - 07:24:00 (RTTNews)
China's manufacturing sector contraction deepened in October. The factory PMI fell to 49.0 in October from 49.8 in September. A reading below 50.0 indicates contraction. The score was seen at 49.6. Meanwhile, the non-manufacturing PMI edged up to 50.1 from 50.0 in the previous month. As a result, the composite indicator, which tracks both the manufacturing and services sectors, slid to 50.0 in October from 50.6 in the prior month. 10/31/2025 - 00:14:00 (RTTNews)
This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.
Our specialists are happy to assist you with all your International Banking needs. Please reach out to our team for more information.
