December preliminary readings for CPI will be released, while PPI readings will be for the month of November
The key to look out for will be the core CPI reading. You can look at last month's reading here. Be mindful that today is also NFP Friday, so it may not impact the EUR much today (as positioning ahead of the US jobs report is likely to matter more) but it may give a bias for macro traders to build a view on the EUR over the longer term.
The estimates for today's release are:
- Flash CPI y/y +1.4%
- Flash core CPI y/y +1.0%
- PPI m/m +0.3%
- PPI y/y +2.5%
