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Japan Apr Machine Tool Orders (YoY) improves to -24.1%

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Germany: Annual CPI rises by 1.1% in April

According to data released today by Destatis, German annual inflation rose 1.1% in April, following 1.4% growth registered the previous month. This result is almost in line with analysts' forecasts of +1.2%. On a monthly basis German CPI fell 0.5% in April, after climbing 0.5% in March, as expected.
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