Cyfradd Chwyddiant (CPI/HICP) (EUR)

Yn mesur y newid canrannol o flwyddyn i flwyddyn yn y Mynegai Prisiau Defnyddwyr (CPI).

Latest reading: 0.2 (2016-07-01)  ·  %YoY

Category: Economy

API Endpoint

/api/v1/announcements/eur/inflation

About Cyfradd Chwyddiant (CPI/HICP) (EUR)

Eurozone's headline Consumer Price Index (CPI) measures the monthly change in the price level of a representative basket of consumer goods and services. It is the primary inflation measure monitored by the European Central Bank.

Why FX traders watch it

Central banks, including the European Central Bank, set policy rates in response to inflation. An above-target CPI print increases the probability of a rate hike, which is typically eur-positive, while below-target inflation raises rate-cut odds and can weaken the currency.

How to interpret the data

An inflation reading above consensus or above the European Central Bank's target band is hawkish and supports the eur. A downside surprise is dovish and tends to weigh on the currency, particularly when inflation has been trending lower for several months.

Historical Cyfradd Chwyddiant (CPI/HICP) (EUR)

Source: ECB/Eurostat  ·  Monthly  ·  %YoY

Data provided by FXMacroData via the /api/v1/announcements/eur/inflation endpoint. For access, see pricing.

Data Source

Primary Source

ECB/Eurostat

Official Series ID

ICP/M.U2.N.000000.4.ANR

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

%YoY

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{
    "currency": "EUR",
    "indicator": "inflation",
    "has_official_forecast": false,
    "start_date": "2023-01-01",
    "end_date": "2023-12-31",
    "data": [
        {
            "date": "2024-07-01",
            "val": 4.2,
            "announcement_datetime": 1722456000
        }
    ]
}

Request Parameters & Usage

Parameter Required Format Description
start_date NO YYYY-MM-DD Optional lower bound for the requested history.
end_date NO YYYY-MM-DD Optional upper bound. Defaults to the current date.
api_key CONDITIONAL string Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve Cyfradd Chwyddiant (CPI/HICP) data for EUR from 2023:

GET https://fxmacrodata.com/api/v1/announcements/eur/inflation?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

What is the European Central Bank's inflation target?
Most major central banks target annual inflation near 2%. Check the European Central Bank's current monetary policy statement for the official target.
How is headline CPI different from core CPI?
Headline CPI includes all items, notably food and energy, which are volatile. Core CPI strips these out to give a cleaner read of underlying price pressure.
Which currency endpoint serves Eurozone CPI data?
Historical CPI data for Eurozone is available at /api/v1/announcements/eur/inflation.