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YoY Change in Revised Core Harmonized Index of Consumer Prices (HICP) in the Eurozone

Country:
EUREurozone
Importance:
★★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About YoY Change in Revised Core Harmonized Index of Consumer Prices (HICP) in the Eurozone

The revised value of the Harmonized Index of Consumer Prices (HICP core index) year-over-year is an indicator that shows how much the prices of goods and services purchased by consumers in the Eurozone have increased or decreased in a specific month compared to the same month the previous year. This data is published monthly by Eurostat and represents final figures adjusted from initial flash estimates.

The HICP core index, which excludes food and energy prices, reflects underlying price trends and is crucial for understanding the core inflation rate. Year-over-year data helps in tracking how core inflation has fluctuated over a long period.

This data serves as a reference for policymakers to assess core inflation trends and develop appropriate monetary policies. It also provides crucial information for businesses and investors for gauging price trends and economic forecasts.

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