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  • Inflation in the EZ is on track to hit just over 3% by May, which will prompt the ECB to hike in June.
  • Cooling oil prices mask a continued surge in refined- product prices, especially diesel.
  • Services inflation will fall in April, holding down the core, but snap back quickly next month.

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Keywords for: 17 April 2026 Eurozone Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence