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14th Jun 2017 08:02Eurozone, Economic Monitor

German inflation eased in May, but the underlying upward pressure on the core is increasing. Yesterday's data showed that inflation fell to 1.5% year-over-year in May, from 2.0% in April, as the boost from the late Easter reversed. Inflation in leisure and entertainment services was driven down to +0.8%, from +3.3% in April, as a result of sharply lower inflation in package holidays and airfares.

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Keywords for: 15 June 2017 Core Inflation Pressures in Germany are Rising, Slowly

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