|Jan 12, 07:45||Inflation ex-tobacco (MoM)||0.0%||0.3%|
Inflation ex-tobacco (MoM)
The Inflation ex-tobacco 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, excluding tobacco. The inflation index is a key indicator since it is used by the central bank to set interest rates. 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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