20 May 2020
Eurozone Final CPI rises by 0.3% MoM in April, meets estimates - EUR/USD stays below 1.0950
- Eurozone Annual inflation arrives at +0.3% in April.
- Monthly inflation in the bloc rises by 0.3% in April.
- EUR/USD keeps its range around 1.0940 on the data release.
According to Eurostat’s final reading of the Eurozone CPI report for April, the consumer prices came in at +0.3% on a yearly basis, missing the flash estimate of +0.4 and +0.4% expectations. While the core figures rose by 0.9% versus +0.9 previous and +0.9 expectations.
more to come ...