German inflation confirmed at 2.2% in April
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Final Inflation Figures in the Spotlight - Action Forex
In Germany, we await the final April inflation data, which includes all the sub-categories of the CPI index. These will be particularly interesting as core services inflation rose much more than expected in April and will allow us to see if it was mainly due to the timing of Easter or a reflection of a broader pic- up in services momentum. We expect it was mainly due to Easter and the price pressures should remain well-behaved as wage growth is …
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