Is a main gauge of inflation in the European Monetary Union, are assembled consumer price data from each of the member states is then the average of the prices work through the index, and is one of the key indicators used by the European Central Bank to report interest rates.
Release date:
Index issued after the end of the month with 10 days.
Type Indicator:
The inflation index.
Source:
Index issued by the European Statistical Office. Eurostat
The degree of influence:
News of strong capable of moving the market immediately after its release, and if the real value of the index when it is published larger than expected so that is a positive for the currency, but if the real value of the index when it is published less than expected, so that is a negative for the currency.
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