France services PMI rises to 51.3 in April (NYSEARCA:EWQ)
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Spain April final CPI +3.3% vs +3.3% y/y prelim
Prior +3.2%HICP +3.4% vs +3.4% y/y prelimPrior +3.3%The positive news is that core annual inflation is seen easing to 2.9%, down from 3.3% in the month before. The hope for the ECB will be for this trend to continue through to year-end. But we'll have to see, especially since monthly core prices have been on the up.
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Germany April final CPI +2.2% vs +2.2% y/y prelim
Prior +2.2%HICP +2.4% vs +2.4% y/y prelimPrior +2.3%Core annual inflation is also seen easing slightly to 3.0%, down from 3.3% in March at least. However, Destatis notes that core prices in general though have been trending higher since January this year. So, that will be one to watch in the months ahead as we phase out the base effects further going into next year.
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Czech Inflation Rises to 2.9% in April - BBJ
The annual inflation rate in the Czech Republic rose to 2.9% in April from 2% in the previous month, data from Czech Statistical Office (CZSO) showed, marking the highest level since December.