Eurozone April final CPI +7.0% vs +7.0% y/y prelim

  • Latest data released by Eurostat - 17 May 2023
  • Prior +6.9%
  • Core CPI +5.6% vs +5.6% y/y prelim
  • Prior +5.7%

No changes to the initial estimates as headline annual inflation did tick a little higher while core annual inflation was marginally lower in April compared to March. This still just helps to reaffirm the ongoing ECB narrative though, so carry on as you will.

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