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MNI BRIEF: Italy Inflation Slows Further In June, Core Also

(MNI) London

Italian inflation slowed again in June, with headline and core rates falling below the levels recorded in May, data released by ISTAT on Wednesday showed.

With ECB policymakers closely watching June data ahead of the policy meeting in a month's time, they will be pleased to see harmonised headline inflation fell to 6.7% from 8.0% last month. Core inflation (excluding energy, food, alcohol and tobacco) fell to 4.8% from 5.1% in May.

MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
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