The Eurozone CPI data report meets expectations

Source: WBP Online
The Euro zone consumer price index respected the forecast, tranquillising the nervousness in the market. After a 0.4% increase in prices was published, the Euro traded at $1.2579 against the US Dollar, thus slightly trimming the previous losses. Furthermore, the unemployment rate also did not deviate from the consensus level of 11,5% in September.

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