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31 January 2011
EU Inflation Rises 0.2% In January
By Chris Doane
31st January 2011 11.12 GMT
Some good news for the euro this morning! Inflation has increased 0.2% to 2.4%, according to new CPI (Consumer Price Index) figures released today.
The numbers – released through Eurostat – indicate the changing price of goods and services. The slight increase for January could boost the euro.
References
Anonymous, ‘EU Consumer Price Index ticks up,’ FX Street, 31 January 2011.