Euro-Zone CPI (Y/Y)

Actual
1.4%
Previous
1.5%
Forecast
1.4%

The Consumer Price Index, released by Eurostat measures the changes in the price of goods and services from the perspective of the consumer. A higher value of the CPI represents significant inflationary pressures in the Euro Zone economies. This puts pressure on the European Central Bank to raise interest rates. The data doesn't affect the markets significantly because CPI is the European Central Bank's mandated inflation target.

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