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Flood Of European Macro Data Is Giant Waste Of Time
Inflation in Europe was "stable" this month and the bloc's economy managed a respectable growth outcome for Q1, preliminary data released on Tuesday showed.
At 2.4%, the 12-month rate of headline price growth was unchanged from March, as energy prices moderated at a slower pace and food inflation picked up.
The bloc-wide figures came on the heels of unwelcome inflation upticks in both Germany and Spain, where energy costs are biting again as government support measures roll off.
Note that hea
