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Barclays says that "all in all,.......>

EUROZONE VIEW
EUROZONE VIEW: Barclays says that "all in all, based on information available so
far, we believe that the April print doesn't represent the beginning of a new,
alarming, trend of underlying inflation. Rather, as transitory and technical
forces correct, we continue to expect euro area core inflation to remain on an
upward trend, albeit very gradual. In this regard, final data (due to be
released on 16 May) will be critical to watch."

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