|Jan 31, 07:45||Consumer Price Index (EU norm) (YoY)||0.8%||1.3%||1.6%|
Consumer Price Index (EU norm) (YoY)
The Consumer Price Index released by INSEE is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of the Euro is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally speaking, a high reading is seen as positive (or bullish) for the Euro, while a low reading is seen as negative (or bearish).
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