Inflation in euro zone increased by seasonally adjusted 0.5% in April. Prior month data was revised to 1.3% gain. Eurostat confirmed today that in yearly capture Consumer price inflation in euro area remained at 2.6%, as expected. So called Core CPI (excluding energy, alcohol and food) did not change also and remained at 1.6%.
EUR/USD at the time of news release was traded at 1.2710.
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