BREAKING: Eurozone flash CPI slightly higher than expected. EURUSD gains

11:01 AM 31 October 2024

Eurozone CPI dynamic (flash for October) came in 2% YoY vs 1.9% exp. and 1.7% previously

  • Core CPI came in 2.7% YoY vs 2.6% exp. and 2.7% previously

Unemployment rate came in 6.3% vs 6.4% exp. and 6.4% previously

EURUSD gains almost 0.1% today as eurozone inflation data (and yesterday readings from Germany) point to a little bit stronger economy and higher inflation dynamics.

 

Source: xStation5

 

Source: Eurostat, Bloomberg Finance L.P. XTB Research

Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

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