
In focus today In the euro area, we receive the flash March inflation print. We expect HICP inflation will rise to 2.6% y/y (from 1.9%) while core inflation should fall slightly to 2.3% y/y (from 2.4%). The headline rise is driven by energy inflation, adding an estimated 0.9 p.p., with petrol prices up 15% m/m […]
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