• Prior +5.6%
  • HICP +6.9% vs +6.6% y/y expected
  • Prior +6.7%

This is not going to be of any relief to the ECB whatsoever as after the base effect changes last month, annual inflation pressures are seen ticking higher again in April. On the month itself, French inflation is also seen picking up by 0.6%. šŸ’„