ITALY DATA: Final May HICP confirmed flat m/m,+3.5% y/y vs Apr +3.7% y/y
— The m/m result follows gains of 0.9% in April and 2.5% in March, when
index hit highest monthly rise since the January 2001 series start.
–Main domestic index (NIC) also confirmed at flat m/m, +3.2% y/y
–Core NIC inflation slowed to +2.2% y/y, down from +2.3% y/y in April
–Net of energy the y/y rate +2.1%, down from +2.2% y/y in April
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