Consumer Price Index (MoM)
Updated: 29 Nov, 8:00 am UTC
The Consumer Price Index released by the National Institute of Statistics 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 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).