Euro partial price pressure In April, despite expectations and raised new challenges about the course Distinguish and complicate the road map Reducing interest rates in the coming months of the European Central Bank (ECP).
According to the initial figures published By Friday, consumption prices rose up to 2.2% year year -to -year, without changes compared to March, but more than 2.1% planned by economists. On the basis of monthly, inflation was expedited by 0.6% as in March, It suggests that it is unchanged stimulant It may be stagnant.
More concern for Frankfurt’s political leaders, Basic inflationIt excludes turbulent food and energy prices, rose to 2.7% in April, compared to 2.4% of the previous month and is greater than 2.5% consensus. This is the first regeneration Inflation first in May By 2024, services led to the re -climbing.
Inflation of services is the main headache of the ECP
Inflation of servicesOne of the main indicators of the ECP when assessing basic stresses on prices, It shot up to 3.9% per yearCompared to 3.5% in March. In a medieval rate, service prices have increased by 0.9%.
Increased food inflation. Falling 3.5% compared to the same period of the previous year.
In the Euro region, inflation was very unequal. Estonia registered the highest annual inflation rate (4.4%), followed by the Netherlands and Latvia (4.1%). France recorded low -cost growthAnnual inflation is only 0.8%.
Markets, despite violating inflation, are passionate
Inflation is more than expected, Financial markets maintained Intact in practice. Investors seemed to be maintaining the hope that the ECP would continue with a type of cut in June, and the markets often explained as a temporary pump rather than the change in April data.
The performance of German Scotts is considered to be a two -year, mostly A The windmill of the ECP’s political expectationsIt was 1.73%stable, while the yield of the Banda remained 2.46%for ten years. It was 1,1330 against the dollar, ignoring the euro data.
Variable income expands their profit when investors focus on benefits
For its part, Their recovery is varying the rental markets durableRunned by business benefits and the confidence of investors. Eurostox 50 Index rose 0.8% on FridayGerman Docs rose 1.8%, on its eighth day of revenue.
Rhinmetel AG Security Institute In the midst of continuous demand for military equipment, he achieved new records. In Eurostax 50, Ing Crope, Airbus and Bayer are the most positive valuesWith an increase of 5.2%, 5.1%and 4.2%respectively.
On the contrary, the Munich Re and RWE Energy Group lost 4.9% and 3.6% respectively. Euro Regional Banks also received landAnd the Eurostox bank code is 1.9%, which reflects the confidence of investors.
