Harmonized Index of Consumer Prices (MoM)

Actual
0.9%
Previous
0.8%
Forecast
0.8%

The Euro Zone Harmonized Index of Consumer Prices (HICP) released by Eurostat captures the changes in the price of goods and services. The HICP is a significant way to measure changes in purchasing trends and inflation in the Euro Zone. Generally, a high reading anticipates a hawkish attitude which will be positive (or bullish) for the EUR, while a low reading is seen as negative (or bearish).

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