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YY Inflation falls In August

ITALY DATA
  • Prel Aug HICP -1.3% m/m, -0.5% y/y (Jul +0.8% y/y)
  • Main domestic index (NIC) Aug +0.3% m/m, -0.5% y/y (Jul -0.4% y/y)
  • Prel NIC CPI m/m ticked up as usual for Aug vacations
  • Prel NIC CPI y/y fell 4th consec month
  • Aug core HICP inflation +0.5% y/y vs Jul + 1.9% y/y.
  • Net-of-energy Aug HICP index +0.6 % y/y vs Jul +1.9% y/y
  • Flash Aug HICP data provides -0.6 % "acquired" inflation for 2020.
MNI London Bureau | +44 203-586-2225 | les.commons@marketnews.com