Consumer Price Index (YoY)
economic
Updated: 29 Nov, 10:30 am UTC
Deviation
-1.6399999999999988%
Consensus
-
Previous
12.27%
Actual
10.63% Description
Source: Belgium
The Consumer Price Index released by the National Bank of Belgium is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Euro is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).