Economics
Eurozone core inflation slows, spurring calls for smaller ECB interest hike
Meanwhile headline inflation continues to outstrip the 2 per cent target, rising to 7 per cent.
Underlying inflation in the euro area eased for the first time in 10 months, backing the case for the European Central Bank to slow the most aggressive interest-rate hiking campaign in its history later this week.
Consumer prices stripping out volatile items like fuel and food costs rose 5.6 per cent from a year ago in April — down from March’s record 5.7 per cent advance and in line with the median estimate in a ...
