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MNI: ITALY DATA: Final HICP (Mar 2019) Preview -.....>

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MNI: ITALY DATA: Final HICP (Mar 2019) Preview - 09:00 BST
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- Previous (Feb): -0.3% m/m, 1.1% y/y; Flash (Mar): 2.3% m/m, 1.1% y/y
- Final data is expected to register in line with the flash estimate...
- ...which showed annual HICP inflation holding steady, despite the strongest
monthly gain since Mar 2018
- Istat reported that the m/m spike was driven by the conclusion of winter sales
of clothing & footwear 
- Inflation remains stuck at just over half the ECB's target for the Eurozone as
a whole...
- ... with little indication of any major impetus for change in either direction
- Upward price pressure stemming from capacity constraints remains elusive amid
persistent labour market slack...
- ... and firms continue to pursue discounting strategies amid a weak consumer
demand outlook

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