HomeLive CommentsGerman CPI accelerated to 2% in April, well above expectation

German CPI accelerated to 2% in April, well above expectation

Euro rebounds further after stronger than expected German inflation data. CPI rose 1.0% mom in April, double of expectation of 1.0% mom. Annually, CPI accelerated to 2.0% yoy, up from 1.3% yoy and beat expectation of 1.5% yoy.

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