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Italian Nov inflation off October lows

ITALY DATA
MNI (London)

- Prel Nov HICP 0.0% m/m, -0.3% y/y (Oct -0.6% y/y)

-Main domestic index (NIC) Nov -0.1% m/m, -0.2% y/y (Oct -0.3% y/y)

-7th consecutive month drop in prel y/y NIC CPI

-ISTAT-Last such negative inflation was Feb-Aug 2016

-ISTAT-Nov core HICP inflation +0.3% y/y vs Oct 0.0% y/y.

-Net-of-energy Nov HICP index +0.5 % y/y vs Oct +0.3% y/y
-Flash Nov HICP data provides -0.2 % "acquired" inflation for 2020.

MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com

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