Flash CPI inflation data from euro area was released today at 10:00 am GMT. Report was expected to show a deceleration in headline and core price growth in January, compared to December. Such a development was strongly hinted at by member states data released earlier this week.
Actual report showed a slightly higher pace of price growth than expected. Nevertheless, headline and core inflation still decelerated compared to previous month's levels.
เริ่มเทรดทันทีวันนี้ หรือ ลองใช้บัญชีทดลองแบบไร้ความเสี่ยง
เปิดบัญชี ลองบัญชีเดโม่ ดาวน์โหลดแอปมือถือ ดาวน์โหลดแอปมือถือEuro area, CPI inflation for January
- Headline: 2.8% YoY vs 2.7% YoY expected (2.9% YoY previously)
- Core: 3.3% YoY vs 3.2% YoY expected (3.4% YoY previously)
In spite of higher-than-expected inflation being a 'hawkish' development, EUR pulled back following the release. EURUSD was attempting to break back above the 1.08 mark prior to the release and is now pulling back from the area slightly.
Source: xStation5
