11:01 AM · 29 November 2024

BREAKING: Eurozone CPI in line with expectations; Core CPI and monthly headline reading slightly lower

Flash Eurozone headline CPI for November came in 2.3% YoY in line with expectations and higher than 2% previously 

  • Headline CPI MoM came in -0.3% vs -0.2% exp. and 0.3% previously
  • Flash core CPI came in 2.7% YoY vs 2.8% exp. and 2.7% previously

Italian CPI prelim: 1.4% YoY (Forecast 1.4%, Previous 0.9%)

  • Monthly prelim: 0.0% (Forecast -0.1%, Previous 0.0%)

Italian HICP prelim: 1.6% YoY (Forecast 1.4%, Previous 1.0%)

  • Monthly prelim: 0.0% (Forecast -0.2%, Previous 0.3%)

Overall today, Eurozone CPI reading is quite dovish, may signal falling lower consumers' activity with rising odds of achieving 2% ECB inflation target in the first half of 2025. However, EURUSD is up almost 0.15% today on weakening US dollar.

 

Source: XTB Research, Bloomberg Finance L.P

6 August 2026, 7:51 AM

Economic Calendar: Could Smaller Job Reports Pressure Fed to Hike?

5 August 2026, 1:20 PM

US ADP employment below estimates! EURUSD extends gains 📈

5 August 2026, 7:44 AM

Economic calendar: US macro data and big tech earnings🔎

5 August 2026, 6:51 AM

Market wrap (05.08.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits