Latest data released by INSEE - 28 September 2018
- Prior +0.5%
- CPI +2.2% vs +2.3% y/y expected
- Prior +2.3%
- HICP -0.2% vs -0.2% m/m expected
- Prior +0.5%
- HICP +2.5% vs +2.6% y/y expected
- Prior +2.6%
The monthly estimate is as expected but the yearly estimate is slightly softer than expected and that of August. That offsets a little the upbeat readings seen from Germany yesterday and doesn't really help with the mood in the euro as Italy's budget worries continue to weigh on the single currency.
