Euro area CPI up by 0.5% in April

Wednesday, 16 May 2012 02:20

Inflation in euro zone increased by seasonally adjusted 0.5% in April. Prior month data was revised to 1.3% gain.
Eurostat confirmed today that in yearly capture Consumer price inflation in euro area remained at 2.6%, as expected.
So called Core CPI (excluding energy, alcohol and food) did not change also and remained at 1.6%.

EUR/USD at the time of news release was traded at 1.2710.