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  • There are downside risks to Q1 GDP growth, but Eurozone inflation rose further in April, to 3.0%.
  • Core inflation likely fell a touch in April, due to weakness in services, but it will snap back in May.
  • The ECB will stand pat this week, waiting for the June forecasts before its next move—a hike.

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Keywords for: 27 April 2026 Eurozone Monitor

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