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The European CPI broadly in range

Autore: FXStreet.com




FXstreet.com (Barcelona) - Eurostat, the European statistical agency, lifted the embargo on the Consumer Price Index report for the European Union. In October, the MoM CPI ticked up 0.4%, the YoY 1.9% and the Core CPI YoY at 1.0%.

The previous month, the monthly CPI had posted an 0.2% expected to increase to 0.3%. Following along those lines, the annual indicator posted 1.8% last month and market forecasts leaned towards an increase to 1.9%. The Core CPI stood at 1% as the market expectations.

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