Analysts at Nomura expect the flash estimate of euro area HICP inflation to increase to 1.7% y-o-y in May from 1.2% in April. Key Quotes “This increase stems from a positive impact from a higher oil price and the unwinding of seasonal distortions caused by the timing of the Easter holidays. The unwinding of seasonal distortions is also the main reason why we expect core inflation to increase to 1.1% y-o-y in May from 0.7% in April.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Litecoin price analysis: LTC/USD approaching key resistance; TapJets now allows LTC payments on its private jet booking platform FX Street 5 years Analysts at Nomura expect the flash estimate of euro area HICP inflation to increase to 1.7% y-o-y in May from 1.2% in April. Key Quotes "This increase stems from a positive impact from a higher oil price and the unwinding of seasonal distortions caused by the timing of the Easter holidays. The unwinding of seasonal distortions is also the main reason why we expect core inflation to increase to 1.1% y-o-y in May from 0.7% in April." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.