New data Inflation Rate MoM (Feb)
2/28/2025
actual -0.1, previous -0.5
The event is the "Inflation Rate MoM (Month-over-Month)" for Portugal, scheduled for February 28, 2025, at 11:00:00. The actual inflation rate for the month of February is -0.1%, which is a decrease from the previous month. The market estimate was 0.1%, but the actual figure came in lower.This event is categorized as having a "Low" impact on the market. Inflation rate measures the change in the price of goods and services over a specific period, and it is an important economic indicator as it reflects the purchasing power of consumers.
The change percentage is 80, indicating a significant deviation from the market estimate. A negative inflation rate (deflation) can have various implications for the economy, such as decreased consumer spending and potential economic slowdown.
This is not investment advice. Remember to verify the information provided here.
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