Home Eurozone Final CPI rises by 0.3% MoM in April, meets estimates – EUR/USD stays below 1.0950
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Eurozone Final CPI rises by 0.3% MoM in April, meets estimates – EUR/USD stays below 1.0950

  • Eurozone Annual inflation arrives at +0.3% in April.
  • Monthly inflation in the bloc rises by 0.3% in April.
  • EUR/USD keeps its range around 1.0940 on the data release.

According to Eurostat’s final reading of the Eurozone CPI report for April, the consumer prices came in at +0.3% on a yearly basis, missing the flash estimate of +0.4 and +0.4% expectations. While the core figures rose by 0.9% versus +0.9 previous and +0.9 expectations.       

On a monthly basis, the bloc’s CPI figure for April increased by 0.3% versus +0.3% expectations and +0.5% previous while the core CPI numbers arrived at +0.7% versus +0.8% expected and +0.8% last.

more to come …

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