He Consumer’s price index (IPC) rose 0.4% in December, in line with expectations and above the 0.2% increase in November. He underlying index advanced 0.1% also matching the market consensus.
The Annual variation of the CPI was 1.4%, higher than the 1.3% expected and 1.2% of the previous monthr. In this way, annual inflation equaled the highest figure in the last nine months. The underlying CPI maintained the annual rise at 1.6%.
He dollar it fell modestly after inflation data in the market. In the afternoon of the American session, the Beige Book of the Federal Reserve will be published on the state of the economy.