Snippets on prices/inflationary.......>

EUROZONE DATA: Snippets on prices/inflationary factors in today's manufacturing

PMIs suggests inflation pressure could be building in the pipeline:

-FRANCE: "input cost inflation faced by French manufacturers remained elevated

despite easing fractionally from March. In turn, this encouraged firms to

further hike their average selling prices."

-GERMANY: "...with demand for inputs continuing to outstrip supply, April saw a

further steep increase in average prices paid for purchases [...] Prices charged

by manufacturers, on the other hand, increased at a sharp and accelerated rate

that was among the fastest seen over the past seven years."

-ITALY: "Average vendor performance continued to deteriorate [...] this led

suppliers to raise their prices, a factor that helped to push up overall input

costs at a strong rate. Manufacturers subsequently increased their own charges

again during April."