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MNI: GERMAN DATA: Final HICP (Apr 2019) Preview -....>

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MNI: GERMAN DATA: Final HICP (Apr 2019) Preview - 07:00 BST
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- Previous (Mar): 0.5% m/m, 1.4% y/y; Flash (Apr): 1.0% m/m, 2.1% y/y
- Markets expect final inflation to register in line with flash...
- ... which showed annual HICP soaring by 0.7pp to 2.1% y/y - its strongest
reading since Nov 
- The main driver of the jump in inflation was the later timing of Easter this
year...
- ... which caused package holiday & travel prices to spike in Apr, rather than
in Mar as was the case last year
- Despite the recent rise in oil prices, energy price base effects are still
weighing on headline inflation...
- ... and should push it down further over the coming months
- The outlook for core inflation, meanwhile, remains subdued as firms continue
to sacrifice margins amid the weak demand backdrop

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