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Pound Euro Exchange Rate News: GBP/EUR Flat following CPI Releases

December 19, 2024 – Written by David Woodsmith

The Pound Euro (GBP/EUR) exchange rate was mostly muted on Wednesday following the release of the UK’s and the Eurozone’s latest inflation readings.

On Wednesday, the Pound (GBP) held steady following the release of the UK’s latest consumer price index (CPI) figures.

The headline inflation rate for November ticked up from 2.3% to 2.6%, and core inflation saw a similar rise, moving from 3.3%…
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