Eurozone CPI accelerated to 1.6% yoy in April, up from 1.3% yoy, matched expectations. Looking at the main components of energy is expected to have the highest annual rate in April (10.3%, compared with 4.3% in March), followed by services (0.9%, compared with 1.3% in March), food, alcohol & tobacco (0.7%, compared with 1.1% in March) and non-energy industrial goods (0.5%, compared with 0.3% in March).
Eurozone unemployment rate dropped to 8.1% in March, down from 8.2%, better than expectation of 8.3%. EU unemployment dropped to 7.3%, down from 7.4%.
