Quick Take
- Eurozone data continues to emerge today, with key economic indicators maintaining their trends.
- Euro area unemployment was at 6.5% in April 2023, a historically low.
- Europe’s Core CPI (YOY) eased more than expected but stayed elevated at 5.3%.
- Europe’s CPI (YOY) was lower than expected at 6.1%.
- The same trends continue to play out, and it is expected these trends will persist in the near future.
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