Free Trial

MNI BRIEF: Italy’s Inflation Seen Lower In '24 And '25 - BOI

Italy’s inflation is seen lower in both 2024 and 2025, the Bank of Italy's latest projections show, lowered by 0.2 pp to 1.1% and 1.5%, respectively.

The BOI projections were fed into the latest ECB round, with the June outlook produced largely by the eurosystem national central banks.

The downward revision is largely a result of moderating energy prices and intermediate goods, the effects of higher wages being largely absorbed by profit margins and moderation in import prices, the Bank of Italy said. The BOI kept growth unchanged at 0.6% for 2024 and revised it down a touch in 2025 and 2026 to 0.9% and 1.1%, respectively.

MNI Rome Bureau | +34-672-478-840 | santi.pinol.ext@marketnews.com
MNI Rome Bureau | +34-672-478-840 | santi.pinol.ext@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.