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Italian Inflation Higher Again in May

ITALY DATA
MNI (London)
  • Prel May HICP 0.0% m/m, +1.3% y/y (Apr +1.0% y/y)
  • Main domestic index (NIC) May 0% m/m, +1.3% y/y (Apr +1.1% y/y)
  • May Prelim y/y HIC and HICP tick up for 5th consecutive month-Istat says
  • May core HICP inflation +0.1% y/y vs Apr +0.2% y/y.
  • Net-of-energy Apr HICP index +0.2% y/y vs Apr +0.5% y/y
  • Flash May HICP data provides +1.5% "acquired" inflation.
MNI London Bureau | +44 203-865-3814 | irene.prihoda@marketnews.com

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