THE Euro zone The Harmonized Consumer Price (HICP) index increased by 2.2% in annual shift (Yoy) in April, at the same rate as that observed in March, the official data published by Eurostat showed on Friday. The market consensus was for a reading of 2.1% during the period reported.
The Core HICP increased by 2.7% compared to the year in April against an acceleration of 2.4% in March, beating expectations of 2.5%.
On a monthly basis, the block of the block increased by 0.6% in April compared to 0.6% of March. The basic inflation of the HICP remained at 1% of months to more (mom) during the same period.
The inflation objective of the European Central Bank (ECB) is 2.0%. HICP inflation data of the old continent have a significant impact on the market price ECB Future interest rate reductions.
Meanwhile, the block unemployment rate remained 6.2% in March.
Key details of the Euro zone inflation report (via Eurostat)
“By examining the main components of the inflation of the euro zone, the services should have the highest annual rate in April (3.9%, against 3.5%in March), followed by food, alcohol and tobacco (3.0%, against 2.9%in March), non -energy industrial goods (0.6%, stable compared to March) and energy (-3.5%, compared to -1.0% March).” “.
EUR / USD reaction to the inflation ratio of the euro zone
Euro Contains gains after the inflation report, with an EUR / USD exchange nearly 1,1330 during writing. The pair is up 0.35% per day.
Euro price today
The table below shows the percentage of Euro variation (EUR) compared to the main currencies listed today. The euro was the strongest against the US dollar.
| USD | Eur | GBP | Jpy | Goujat | Aud | Nzd | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.34% | -0.08% | -0.38% | -0.18% | -0.57% | -0.36% | -0.39% | |
| Eur | 0.34% | 0.26% | -0.02% | 0.17% | -0.22% | 0.01% | -0.04% | |
| GBP | 0.08% | -0.26% | -0.29% | -0.09% | -0.47% | -0.25% | -0.30% | |
| Jpy | 0.38% | 0.02% | 0.29% | 0.19% | -0.19% | 0.02% | -0.00% | |
| Goujat | 0.18% | -0.17% | 0.09% | -0.19% | -0.40% | -0.16% | -0.21% | |
| Aud | 0.57% | 0.22% | 0.47% | 0.19% | 0.40% | 0.23% | 0.17% | |
| Nzd | 0.36% | -0.01% | 0.25% | -0.02% | 0.16% | -0.23% | -0.06% | |
| CHF | 0.39% | 0.04% | 0.30% | 0.00% | 0.21% | -0.17% | 0.06% |
The thermal map shows the percentage of variations in the main currencies against each other. The basic currency is chosen in the left column, while the quotes motto is chosen in the upper row. For example, if you choose the euro from the left column and move along the horizontal line to the US dollar, the percentage of variation displayed in the box will represent EUR (base) / USD (quote).
