German and Spanish inflation rises less than expected in April
Softer price pressures in large Eurozone economies strengthen case for ECB to hold interest rates
Softer price pressures in large Eurozone economies strengthen case for ECB to hold interest rates

Economists expect ECB to keep rates on hold at December meeting

Figure comes after ECB kept rates on hold

Figure was above expectations despite lower energy prices and stronger euro

ECB expected to hold interest rates at meeting on Thursday

Middle East energy shock pushes annual rate past European Central Bank’s 2% target

Flash PMI reading rose in August for eighth month in a row as trade uncertainty peters out