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Surge In Imports Dragged On GDP Says ING

Economists at Barclays admit that.....>

EUROZONE DATA
EUROZONE DATA: Economists at Barclays admit that French CPI data came in below
their above-consensus forecast "Data released at the CPI level suggest we were
too aggressive on volatile components. All in all, while we keep our
below-consensus forecast on EA core inflation (1.1%; to be released at 10:00BST)
we flag downside risks to our projection for headline HICP of 1.6% y/y."