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At 08:00 (GMT+2), April data on the consumer price index will be released in Germany. It is the main indicator of inflation in the country which reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on, having a significant impact on monetary policy decisions. The consumer price index is expected to fall from 7.4% to 7.2% YoY, and from 0.8% to 0.4% MoM.
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