Euro-zone inflation rises to 0.7% in April, but misses forecasts : The Great Deflation

LONDON (MarketWatch)
Inflation in the euro-zone climbed to 0.7% in April, rising from a four-year low of 0.5% in March, according to preliminary Eurostat data released
Analysts expected consumer prices to have grown 0.8% in April, mainly due to the timing of Easter
However, after German inflation data came in lower than expected, economists noted that the overall euro-zone print could miss forecasts as well
Eurostat said the main component in euro-area inflation came from the services industry, where prices grew 1.6% in April compared with 1.1% in March