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- Prior +2.3%
- HICP +2.4% vs +2.4% y/y prelim
- Prior +2.4%
The good news is that core annual inflation declined once again, falling to 1.9% in April from 2.2% in March. That will provide some added confidence for the ECB but we’ll see if it can keep that way especially closer to year-end.
This article was written by Justin Low at www.forexlive.com.
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