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Italian Inflation Ticked Up

ITALY DATA
  • ITALY DATA Prel Jul HICP -0.6% m/m, +0.9% y/y (Jun -0.4% y/y)
  • Main domestic index (NIC) Jul -0.1% m/m, -0.3% y/y (Jun -0.2% y/y)
  • Prel NIC CPI y/y fell 3rd consec month, not since May 2016
  • ISTAT-Jul core HICP inflation down +2.0% y/y vs Jun +0.6% y/y.
  • Net-of-energy Jul HICP index +2.0 % y/y vs Jun +0.9% y/y
  • Flash Jul HICP data provides 0.0 % "acquired" inflation for 2020.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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