Eurozone Preliminary HICP inflation steadies at 2.2% YoY in April vs. 2.1% expected

By: bitcoin ethereum news|2025/05/02 10:15:01
0
Share
copy
The Eurozone Harmonized Index of Consumer Prices (HICP) increased 2.2% year-over-year (YoY) in April, at the same pace as seen in March, the official data released by Eurostat showed Friday. The market consensus was for a 2.1% reading in the reported period. The core HICP rose 2.7% over the year in April against a 2.4% acceleration in March, beating the 2.5% expectations. On a monthly basis, the bloc’s HICP advanced 0.6% in April compared to March’s 0.6%. The core HICP inflation stayed at 1% month-over-month (MoM) in the same period. The European Central Bank’s (ECB) inflation target is 2.0%. The old continent’s HICP inflation data significantly impacts the market’s pricing of the ECB’s future interest rate cuts. Meanwhile, the bloc’s Unemployment Rate remained at 6.2% in March. Key details from the Eurozone inflation report (via Eurostat) “Looking at the main components of euro area inflation, services is expected to have the highest annual rate in April (3.9%, compared with 3.5% in March), followed by food, alcohol & tobacco (3.0%, compared with 2.9% in March), non-energy industrial goods (0.6%, stable compared with March) and energy (-3.5%, compared with -1.0% in March).” EUR/USD reaction to the Eurozone inflation report The Euro holds gains after the inflation report, with EUR/USD trading near 1.1330 as of writing. The pair is up 0.35% on the day. Euro PRICE Today The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar. The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote). Source: https://www.fxstreet.com/news/eurozone-preliminary-hicp-inflation-steadies-at-22-yoy-in-april-vs-21-expected-202505020901

-- Price

--

You may also like

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com