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Ahead of tomorrow's EMU flash...>

EUROPE DATA PREVIEW
EUROPE DATA PREVIEW: Ahead of tomorrow's EMU flash HICP release, MNI's data team
highlight the market consensus forecast has correctly predicted the April result
on only four occasions since 2003, generally missing by at most a tenth of a
percentage point (ignoring the big surprise in 2013). The MNI median analyst
forecasts suggest headline inflation will rise to 1.4% in April, up 0.1pp from
1.3% in March, while its core counterpart is anticipated to fall by the same
margin to 0.9%. For the full report please see MNI Main Wire 1257BST.

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