Eurozone inflation is expected to drop in April following German price falls
Eurozone inflation is expected to drop in April following Germany price data on Monday, which showed a sharp fall.De Statis, the Federal Statistical Office reported that the harmonised consumer price index for Germany, which is calculated for European purposes, is expected to rise by an annual 2.6% rate in April 2008, down from 3.3% in March. Compared with the previous month, the index is down by 0.3%. The consumer price index for Germany is expected to rise 2.4% in April 2008 on April 2007 (March 2008: +3.1%), according to results available from six Länder (states). Compared with the preceding month, the rate of change will be –0.2%
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