The Eurozone Harmonised Index of Consumer Prices (HICP) rose at an annual pace of 2.
The EurozoneHarmonised Index of Consumer Prices rose at an annual pace of 2.9% in October, as against a 4.3% increase in September, the official data published by Eurostat showed on Tuesday. The HICP inflation print was anticipated at 3.1% in the reported period. The Core HICP inflation dropped 4.2% YoY in October, compared with September’s 4.5% uptick. The market consensus was for a 4.2% acceleration. On a monthly basis, the bloc’s HICP rose 0.1% in October vs. a 0.
” EUR/USD reaction to the Eurozone inflation report The Euro is feeling the pull of gravity on softerEurozoneinflation data.EUR/USD is reversing from intraday highs of 1.0675 to trade at 1.0655, as of writing. The pair is still up 0.40% on the day. Euro price today The table below shows the percentage change of Euro against listed major currencies today. Euro was the strongest against the Japanese Yen. USD EUR GBP CAD AUD JPY NZD CHF USD -0.36% -0.16% -0.10% 0.03% 1.06% -0.15% -0.07% EUR 0.
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