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BREAKING: Euro ticks higher despite lower core CPI reading from Eurozone

10:03 AM 1 April 2025

Eurozone CPI (Y/Y) Mar P: 2.2% (est 2.2%; prev 2.3%)

- CPI (M/M): 0.6% (est 0.6%; prev 0.4%)

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- Core CPI (Y/Y): 2.4% (est 2.5%; prev 2.6%)

The euro is resuming an upward momentum despite a lower core inflation reading, which is a dovish element in relation to possible further ECB decisions.

 

Source: xStation 

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