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EU: CPI – Core up 1.8% year on year

By FXstreet.com,  May 16, 2011, 05:38:00 AM EDT

FXstreet.com (Barcelona) - The EU Core CPI calculated by Eurostat registered an increase of 1.8% in April 2011 compared to 1.5% in April 2010. It is a higher reading than the analysts' forecasts who did not expect any change.

As for CPI, is has remained stable at 2.8% year-on-year, and dropped from 1.4% in March to 0.6% in April, as expected.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Forex and Currencies

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