Energy Inflation Resurfaces as OECD Reports Stable Core Inflation
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#4d279d0f ver:0.53

Eurozone inflation fell in March, with headline inflation at 2.4% and core inflation at 2.9%. This supports the possibility of an interest rate cut by the ECB in June. In other news, Asian factory activity weakened, but China and South Korea showed signs of improvement. US manufacturing activity also saw modest growth. UK shop prices grew slowly, and UK inflation slowed to 3.2%. Industrial production in the Euro Area increased, but year-on-year production decreased. OECD reports stable core inflation despite energy inflation resurfacing. #Eurozone #inflation #ECB #economy #manufacturing #UK #OECD...

#newstr #Inflation #Oecd #Energy #Consumer #Food #Core #G7 

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