New data CPI (Sep)
10/1/2024
actual 126.63, previous 126.72
The event is the Consumer Price Index (CPI) for the month of September in the European Union (EU). The actual CPI value reported is 126.63, which is slightly lower than the previous value of 126.72. The estimated value was 126.7, so the actual value came in slightly below expectations.Since the impact is classified as "High," this CPI release is likely to have a significant effect on the market, especially for the Euro (EUR) currency. The change in the CPI from the previous period is -0.09, indicating a slight decrease in consumer prices. The percentage change is -0.071%, reflecting a small decline in the overall price level.
Overall, this CPI report suggests a slight decrease in consumer prices in the EU for the month of September, which could influence monetary policy decisions and market sentiment regarding the Euro.
This is not investment advice. Remember to verify the information provided here.
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