Germany April preliminary CPI (HICP) 2.2% vs 2.1% y/y expected

- 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.
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