- Prior -0.1%
- -2.4% vs -2.4% exp m/m. Prior 0.0%
- CPI -0.6% vs -0.3% exp y/y. Prior 0.0%
- -0.4% vs -0.0% prior m/m
Remember it’s not deflation, even though it’s at the lowest on record
Keeping it’s nose just above the waterline is the core number which is +0.3% y/y currently, down from +0.6% in Dec (That’s CPI not HICP core).
Clothes and shoe prices led inflation lower in the month say ISTAT. The component fell 23.0%.
Italian HICP details 03 02 2015
Italian HICP yy 03 02 2015
