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Germany annual CPI inflation declines to 2.6% in May vs. 2.8% expected
Annual inflation in Germany, as measured by the change in the Consumer Price Index (CPI), softened to 2.6% in May's flash estimate from 2.9% in April. This print came in below the market expectation of 2.8%. On a monthly basis, the CPI declined 0.2% following the 0.6% increase recorded in April.Fxstreet
Fri, May 29
BoE's Bailey: Stresses on monitoring Middle East situation and its impact on economy, prices
Bank of England (BoE) Governor Andrew Bailey Said during the European trading session on Friday that the central bank should monitor the situation in the Middle East and how it has been affecting the United Kingdom (UK) economy and inflation very closely and adjust policy as required.
Fxstreet
Fri, May 29
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