Breaking: Eurozone Preliminary HICP inflation softens to 6.1% YoY in May vs. 6.3% expected – by FXstreetNews Breaking Eurozone Inflation EconomicIndicator EURUSD
rose in May vs. April’s 7.0%, according to the latest data published by Eurostat this Thursday. The HICP inflation gauge beat expectations for a 6.3% increase.
On a monthly basis, the old continent’s HICP showed no growth in May vs. April’s 0.6% increase. The core HICP inflation arrived at 0.2% in the reported month when compared to 0.8% expected and 1.0% seen in April. rate hikes. Markets are currently pricing an 85% probability of a 25 basis points ECB rate increase in June.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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