After having soared in January, Italian industrial production might have at least stabilised in February, because most of the correlated indicators improved. EMU industrial production will probably have remained virtually unchanged in February too, because EMU industrial confidence only improved slightly, and EMU economic sentiment actually deteriorated somewhat.

Following its usual seasonal pattern, the EMU trade balance is likely to have gone up in February, just like the corresponding German figure.

Final German consumer prices for March could be revised slightly upwards. Final HICP inflation in the eurozone will probably be confirmed at 1.5% yoy in March; this would correspond with a monthly inflation rate of 0.9%. Thus annual inflation would be at its highest level since December 2008.

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