Eurozone: Focus on April inflation data - TDS

Analysts at TD Securities point out that Eurozone’s final details of April inflation print are released, giving insights to the large upside surprise to core inflation last month.

Key Quotes

“We suspect it was base effects related to the timing of Easter, as well as some possible airline pricing effects from the grounding of Boeing 737 Max aircraft.”

“The ECB publishes its monthly PCCI and Supercore measures as well.”