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Inflation in the Eurozone displayed by CPI Figures

CPI Flash Estimate Eurozone

Inflation is Expected to Cool Off Slightly this Month

Starts Tuesday, November 20, 2018 at 12:03
Updated Monday, September 17, 2018
The European inflation ticked from 2.0% to 2.1% in Aug. The trend has been bullish this year after inflation remained stagnant and pretty weak for many years. Monthly inflation used to be near 0% until last year but it has picked up nicely this year in Europe as well as in most developed economies, apart from Japan. This month, inflation is expected to cool off slightly and fall to 2.0%. I don't expect much action in Euro pairs if the inflation comes close to 2.0%, but if it comes at 2.2% or above, then expect the Euro to enter a major bullish trend since that would mean that the ECB turns hawkish on their next meeting. Please follow us for live coverage in real time of the event by experienced analysts. 

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About CPI Flash Estimate Eurozone
The yearly Consumer Price Index (CPI) is a key inflationary metric released by the European. Department of Statistics Eurostat. It measures the average change in price for a fixed basket of goods and services over a given period of time. Core CPI excludes the pricing of volatile items such as Food and Energy.Core CPI is viewed as the most accurate representation of inflationary pressures facing the Eurozone economy. As a result, it serves as an important resource for the crafting of monetary policy by the European Central Bank (ECB). High readings are often precursors for the tightening of monetary policy, while low numbers encourage a dovish stance toward the Euro.Eurostat bases this estimate on energy prices and 13 euro area member states that report early CPI data. There are 2 versions of this report released about two weeks apart – Flash and Final. The report is extremely early and tends to have a significant impact

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