Germany April CPI MoM Final

Federal Statistical Office of Germany announced the Germany April CPI MoM Final on 2025-04-30.

Regarding the Germany April CPI MoM Final, Actual value > expected value is bullish for the Euro; conversely, it is bearish for the Euro, The Consumer Price Index (CPI), also known as the Consumer Price Index, is a measure of the prices of a fixed basket of consumer goods, primarily reflecting the price changes of goods and services that consumers pay for. It is also a tool for measuring the level of inflation, expressed as a percentage change. At the same time, it is used to gauge the price changes of products and services related to residents' lives. A decline in this index reflects an economic recession and is bound to negatively affect the trend of currency exchange rates. However, if the Consumer Price Index rises, is it necessarily favorable for the exchange rate? Not necessarily; it depends on how much the Consumer Price Index has increased. If the increase is moderate, it indicates stable economic growth, which is certainly favorable for the country's currency. However, if the increase is too large, it can have adverse effects because the price index is inversely proportional to purchasing power: the higher the prices, the lower the purchasing power of the currency, which will inevitably be detrimental to the country's currency.

This data holds an importance level of , calculated using Price changes of goods and services purchased by consumers, and updates monthly. The next release is set for 2025-05-14 14:00:00.

This content is AI-generated.Please verify before use.

Disclaimer: The content related to future events does not represent Gate.io’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.

232
0
0
Share

Comment

XTTA
XTTAXTTA
XTTA
-0.92%
24-Hour High
$0.3031
24-Hour Volume
$826.85K
All-Time High
$0.33
All-Time Low
$0.07
Market Cap / FDV
6.77%
FDV
$116.66M
24-Hour Low
$0.29
Market Cap
$116.66M
Circulating Supply
27.07M XTTA
Total Supply
400.00M XTTA
Max Supply
400.00M XTTA
Market Sentiment
Positive

XTTA FAQ

What determines the price movement of XTTA (XTTA)?

What is the all-time high price of XTTA?

What is the all-time low price of XTTA?