Eurozone: April core inflation revised upward to 1.3% - TDS
|TD Securities analysts note that the Euro area core inflation for April was revised upward to 1.3% y/y (headline unchanged at 1.7%).
Key Quotes
“Sharp increases were recorded in Easter-sensitive components such as travel services, hotels, and package holidays (NB: Easter was much later in 2019 vs 2018). Much of these impacts should unwind in May, though air travel inflation may remain elevated on the back of higher prices from the Boeing 737 Max groundings.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.