Spanish CPI Unchanged In May At 0.5%, EURUSD Consolidates With Downside Bias !

forex cpi
forex cpi

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.

The Spanish  Consumer Price Index (CPI) fell to 0.5%, from 0.9% in the previous month, Spanish CPI was expected to fall to 0.5% last month.

Year-Over-Year Spanish CPI rose to -0.2%, from -0.6% in the previous month , Spanish CPI (Y/Y) was expected to rise to -0.2% last month.

Market Impact :EURUSD is likely to consolidate around 1.1240 levels, there’s a chance to spike to 1.1283 levels before the next fall !

Spanish CPI




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