The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.
Year-Over-Year Spanish Consumer Price Index fell -0.4% , from 1.0% in the previous month , the indicator was expected to fall -0.1% in the last month.
Market Impact : As long as 1.1282 resistance holds on a 4 – hour closing basis, the pair remains under pressure , a clear break below 1.1253 will open 1.1117 levels. On the upside, a clear break above 1.1282 will open 1.1479 before the next fall.