Eurozone Preliminary HICP inflation steadies at 2.4% YoY in April, as expected

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Eurozone Preliminary HICP inflation steadies at 2.4% YoY in April, as expected
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The Eurozone Harmonized Index of Consumer Prices (HICP) rose at an annual pace of 2.4% in April, same as that seen in March, according to the official data released by Eurostat on Tuesday.

The Eurozone Harmonized Index of Consumer Prices rose at an annual pace of 2.4% in April, the same as that seen in March, according to the official data released by Eurostat on Tuesday. The market forecast was for a 2.4% growth in the reported period. The Core HICP inflation fell to 2.7% YoY in April, as against March’s 2.9% rise while outpacing the anticipated 2.6% figure. Meanwhile, the bloc’s HICP increased 0.6% over the month in April after rising 0.8% in March.

” EUR/USD reaction to the Eurozone inflation report The Eurocatches a fresh bid on mixed Eurozoneinflation data.EUR/USD is trading almost unchanged on the day at 1.0721, at the press time, having erased early losses. Euro price today The table below shows the percentage change of Euro against listed major currencies today. Euro was the weakest against the US Dollar. USD EUR GBP CAD AUD JPY NZD CHF USD -0.02% 0.14% 0.21% 0.52% 0.40% 0.48% 0.13% EUR 0.00% 0.14% 0.21% 0.53% 0.46% 0.48% 0.

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