Consumer Price Index (YoY)
| Date | Time Left | Event | Impact | Previous | Consensus | Actual | |
|---|---|---|---|---|---|---|---|
| Jun 30, 08:30 |
|
Consumer Price Index (YoY) |
|
-0.7% | 0.2% |
Consumer Price Index (YoY)
The Consumer Price Index released by Statistics Portugal 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 EUR 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 EUR, while a low reading is seen as negative (or bearish).
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