European Central Bank policymaker Kazaks said that rate hikes will need to continue to combat inflation.
Eurozone’s February Unemployment Rate 6.6% (expected 6.7%; last 6.6%). March CPI 0.9% m/m (expected 0.8%; last 0.8%); 6.9% yr/yr (expected 7.1%; last 8.5%). March Core CPI 1.2% m/m (expected 0.6%; last 0.8%); 5.7% yr/yr, as expected (last 5.6%)
Germany’s February Retail Sales -1.3% m/m (expected 0.5%; last 0.1%); -7.1% yr/yr (expected -6.1%; last -6.9%). February Import Price Index -2.4% m/m (expected -1.0%; last -1.2%); 2.8% yr/yr (expected 4.2%; last 6.6%). March Unemployment change 16,000 (expected 3,000; last 2,000) and March Unemployment Rate 5.6% (expected 5.5%; last 5.5%).
France’s February Consumer Spending -0.8% m/m (expected 0.2%; last 1.7%). February PPI -0.9% m/m (last 2.5%). March CPI 0.8% m/m, as expected (last 1.0%); 5.6% yr/yr (expected 5.5%; last 6.3%)
Italy’s January Industrial Sales -1.1% m/m (last 0.7%); 8.6% yr/yr (last 14.9%). March CPI -0.3% m/m (expected 0.0%; last 0.2%); 7.7% yr/yr (expected 8.2%; last 9.1%)
Spain’s January Current Account surplus EUR3.27 bln (last surplus of EUR1.70 bln)