Announcement expected on 24th May at 11.30am IST
Trend of UK CPI (YoY)
Previous: 10.1% for March 2023
Forecast: 8.3% for April 2023
What to expect?
| Outcome | Expected Impact on crypto market |
| In line with forecast | Neutral trend |
| More than forecast | Bearish trend |
| Less than forecast | Bullish trend |
What is CPI?
CPI is an indicator that measures the change in the prices for goods and services over the time. It tracks inflation (rising prices) and deflation (falling prices)
Expect Volatility!
Source: Investing.com
Note: This is not an investment advice and we highly recommend that you do your own research
