Select Language

Eurozone Preliminary HICP inflation edges higher to 2.% YoY in December, as expected

Breaking news

Eurozone Preliminary HICP inflation edges higher to 2.% YoY in December, as expected

  • X
  • facebook
  • LINE
  • RSS

  • X
  • facebook
  • LINE
  • RSS
New update 2025.01.07 19:02
Eurozone Preliminary HICP inflation edges higher to 2.% YoY in December, as expected

update 2025.01.07 19:02

The Eurozone Harmonized Index of Consumer Prices (HICP) rose 2.4% year-over-year (YoY) in December after reporting a 2.2% increase in November, the official data released by Eurostat showed Monday. The reading aligned with the estimated 2.4% print for the reported period.

The Core HICP increased by 2.8% YoY in December, a tad quicker than the 2.7% growth in November and outpaced the 2.7% market forecast.

 

developing story ...


Date

Created

 : 2025.01.07

Update

Last updated

 : 2025.01.07

Related articles


Show more

FXStreet

Financial media

arrow
FXStreet

FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.

Was this article helpful?

We hope you find this article useful. Any comments or suggestions will be greatly appreciated.  
We are also looking for writers with extensive experience in forex and crypto to join us.

please contact us at [email protected].

Thank you for your feedback.
Thank you for your feedback.

Most viewed

SEK: Slower inflation consolidates case for cuts - ING

Sweden's inflation figures released this morning came in less hot than expected, with headline CPIF slowing down to 1.5% and the key core measure (CPIF excluding energy) decelerating from 2.4% to 2.1% in December, ING's FX analyst Francesco Pesole notes.
New
update2025.01.08 20:15

USD/CNH: Major resistance at 7.3700 is not expected to come into view - UOB Group

US Dollar (USD) could edge higher to 7.3550 before levelling off; the major resistance at 7.3700 is not expected to come into view.
New
update2025.01.08 19:25

EUR: Still embedding some risk premium - ING

Eurozone inflation re-accelerated from 2.2% to 2.4% in December, a largely base-effect-driven move that was fully expected, ING's FX analyst Francesco Pesole notes.
New
update2025.01.08 19:19

USD/JPY: Expected to trade with an upward bias - UOB Group

Scope for US Dollar (USD) to test 158.50; a breach above this level is not ruled out, but any further advance is highly unlikely to reach 159.00.
New
update2025.01.08 19:12

EUR/USD extends correction after downbeat German and Eurozone data

The EUR/USD pair extends its correction and trades around 1.0320 at the time of writing on Wednesday after being rejected above 1.0400 earlier in the week. The pair erases most of the initial weekly gains after German factory orders data for November
New
update2025.01.08 19:09

USD: Inflation resurgence concerns to drive a further hawkish tuning in the policy message - ING

Markets have been tempted in the past couple of days to believe there is some truth behind the Washington Post's report - quickly rebuked by Trump - that US tariffs will be only on selected products.
New
update2025.01.08 19:08

NZD/USD: Likely to trade in a 0.5590/0.5705 range for now - UOB Group

Current price movements appear to be part of a range trading phase, expected to be between 0.5615 and 0.5665. In the longer run, NZD is likely to trade in a 0.5590/0.5705 range for now, UOB Group's FX analysts Quek Ser Leang and Lee Sue Ann note.
New
update2025.01.08 18:41

Metals: Market is weighing the outlook for the year - ING

Industrial metals have had a muted start to 2025 with the market weighing the outlook for the year amid geopolitical tensions, the uncertain path for China's economic recovery and rising protectionism, ING's commodity analyst Ewa Manthey and Warren Patterson note.
New
update2025.01.08 18:36

Silver price today: Silver rises, according to FXStreet data

Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
New
update2025.01.08 18:30

EUR/GBP advances to near 0.8300 following German Retail Sales

EUR/GBP retraces its recent losses from the previous day, trading around 0.8290 during the European session on Wednesday.
New
update2025.01.08 18:28

Disclaimer:arw

All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.

The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.

  • Facebook
  • Twitter
  • LINE

Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy

I agree
share
Share
Cancel