What is Consumer Price Index (CPI) Euro zone in Forex Trading?

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The Consumer Price Index (CPI) calculates changes in prices of selected number of good and services for given period of time  in the Euro zone .

The Consumer Price Index is scheduled to release at 9:00 (GMT) every  month. This index consists of previous month’s data around the middle of every month
Source of Report: Eurostat/European Central Bank

Web Address: http://www.ecb.int/home/html/index.en.html
Address of Release: http://www.ecb.int/stats/prices/hicp/html/index.en.html

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