The core Consumer Price Index is due in the eurozone at 12:00 pm (GMT 2). On a year-over-year basis, the index is expected to be down to 0.9% from 1.0%. The core CPI is the key indicator of inflation in the region. The data represents a price change for the fixed basket of goods and services. A growth in the index can strengthen the Euro, while a decline, on the contrary, has a negative effect on the Euro.