Italy November preliminary CPI +1.four% vs +1.four% y/y anticipated

• Prior +zero.9%
• HICP +1.6% vs +1.5% y/y anticipated
• Prior +1.zero%

The nudge larger owes to base results, just like the remainder of the euro space. Nevertheless, core annual inflation can also be seen marginally larger on the month – up from 1.eight% in October to 1.9% in November. That mentioned, it’s nonetheless holding below 2% in order that’s some consolation for the ECB as in comparison with the likes of Germany.

This text was written by Justin Low at www.ubaidahsan.com.



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