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Back Fundamental analysis
The Euro Ends Its Consolidation and Prepares to Rise Again
Inflation in the eurozone remained at
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Inflation in the eurozone remained at 2.2% year-on-year in April, slightly above the expected decline to 2.1%. Meanwhile, core inflation rose from 2.4% to 2.7%, significantly exceeding the forecast of 2.5%. The monthly increase was the highest in a year, revealing that price pressures—primarily in the services sector—remain elevated. The economic situation has become more ambiguous. The manufacturing sector saw PMI rise from 48.6 to 49.0, whereas a slight decline had been expected. Still, this improvement was
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Kuvat Raharjo,
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