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Country Focus

European Inflation: Hot Headline, Cool Core

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Flash March Eurozone HICP showed inflation accelerating at a slower pace than expected, with the rise still driven by energy. Headline HICP rose to 2.5% y/y from 1.9%, while core eased to 2.3% from 2.4%. Non-energy goods and services inflation both cooled, to…

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