Inflation in the euro area remains unchanged

As expected, the consumer price index in the euro area remains within the existing range from 1.4% to 1.5%, thereby confirming the safety of low inflationary pressures in the euro area. This indicates the possibility of tightening measures to increase inflation in the euro area.

At the same time, the dynamics of the euro and the market as a whole remains ambiguous, remaining limited by the oversold of the American and fears of creating a government in Germany. Based on negative dynamics of the stock market, this can increase the flight of investors into safe assets.

The graph of the euro index. Current price – 97.00

Anton Hanzenko