What is it? It checks the change in the price of goods and services purchased by consumers.
Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
Usual Effect If the number is higher than the forecast, you can expect the EUR to rise.
When? October 30th all day.
Trading Tip: This announcement can greatly affect the EUR, make sure to make your trades before.
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