• Prior +2.3%
  • HICP m/m +0.5% vs +0.4% expected
  • Prior +0.4%
  • Core CPI Y/Y 2.9% vs 2.6% prior

A touch above expectations but nothing that will change the ECB's plan of cutting rates in June. The Core reading saw a notable jump though. We will see how things evolve in the next months but the trade negotiations remain the market's focus.

Source: Forex Live