Italy April final CPI +0.8% vs +0.9% y/y prelim

  • Latest data released by Istat - 16 May 2024
  • Prior +1.2%
  • HICP +0.9% vs +1.0% y/y prelim
  • Prior +1.2%

Core annual inflation was seen at 2.1% and that is down from 2.3% in March. So, that's a positive development and fits the ECB narrative for now.

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