Analysts at Danske Bank, expect Eurozone inflation to reach 1.6% in May before falling back to 1.4-1.5% at the end of the year. Key Quotes: “After increasing to 1.3% y/y in March, headline inflation declined to 1.2% y/y in April. We expect a large increase to 1.6% in May, driven largely by energy price inflation. We expect headline inflation to remain at this level temporarily, before falling back down to around 1.4-1.5% at the end of the year.” “The ECB should not yet conclude that we are seeing a sustained convergence of headline inflation towards 2% as the expected increase should be temporary. Core inflation declined to 0.7% y/y in April as a consequence of the timing of Easter, and we expect a bounce back to 1.0% y/y in May.” “We expect core inflation to remain subdued throughout 2018, and remain around the 1.0-1.1% level. Note that German inflation is due for release on Wednesday afternoon, in advance of the euro area figure.” 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 Bank of Canada: No change on Wednesday, to hike during Q3 – Wells Fargo FX Street 5 years Analysts at Danske Bank, expect Eurozone inflation to reach 1.6% in May before falling back to 1.4-1.5% at the end of the year. Key Quotes: "After increasing to 1.3% y/y in March, headline inflation declined to 1.2% y/y in April. We expect a large increase to 1.6% in May, driven largely by energy price inflation. We expect headline inflation to remain at this level temporarily, before falling back down to around 1.4-1.5% at the end of the year." "The ECB should not yet conclude that we are seeing a sustained convergence of headline inflation towards 2% as the expected increase… 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.
