# Eurozone Preliminary HICP inflation steadies at 2.4% YoY in April, as expected

> Eurozone preliminary HICP inflation held at 2.4% year-on-year in April, matching March and in line with forecasts. Core inflation fell to 2.7% but still beat the 2.6% expectation, and the euro traded near 1.0721.

- Date: 2024-04-30 · published 2024-04-30T12:00:00.000Z
- Category: report · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/30946-eurozone-preliminary-hicp-inflation-steadies-at-2-4-yoy-in-april-as-expected
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Inflation data in line with expectations keeps the ECB's June cut on track, which leaves the euro's direction against the dollar unchanged for European feed import costs.

## Read by commodity

- EURUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2023-10-01 | [ECB staff macroeconomic projections for the euro area, September 2023](https://feedsoft.ai/events/34320-ecb-staff-macroeconomic-projections-for-the-euro-area-september-2023.md) | +0.1% | +0.3% |
| EURUSD | 2021-06-24 | [Economic Bulletin Issue 4, 2021](https://feedsoft.ai/events/46807-economic-bulletin-issue-4-2021.md) | -0.9% | -1.5% |
| EURUSD | 2019-03-21 | [Economic Bulletin Issue 2, 2019](https://feedsoft.ai/events/60316-economic-bulletin-issue-2-2019.md) | -0.9% | -0.5% |
| EURUSD | 2021-11-22 | [The Fed - Foreign Exchange Rates - H.10 -  November 22, 2021](https://feedsoft.ai/events/44253-the-fed-foreign-exchange-rates-h-10-november-22-2021.md) | -0.5% | -0.2% |
| EURUSD | 2025-10-06 | [Federal Reserve Board - Foreign Exchange Rates - H.10 - October 06, 2025](https://feedsoft.ai/events/7205-federal-reserve-board-foreign-exchange-rates-h-10-october-06-2025.md) | -1.1% | -1.8% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/eurozone-preliminary-hicp-inflation-steadies-at-24-yoy-in-april-as-expected-202404300900

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.