Italy’s March CPI -0.4% m/m (expected -0.3%; last 0.2%); 7.6% yr/yr (expected 7.7%; last 9.1%)
European Central Bank policymaker Centeno said that the ECB should slow or pause its rate hikes while policymaker Kazaks said that there is an option for a 25- or 50-bps rate hike at the May meeting.
ECB officials are reportedly looking to halt all reinvestments in the asset purchase program during the second half of 2023.
Poland, Slovakia, and Hungary will stop importing grain from Ukraine due to pressure on local prices.