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Italy April final CPI +1.9% vs +2.0% y/y prelim

  • Prior +1.9%
  • HICP +2.0% vs +2.1% y/y prelim
  • Prior +2.1%

Slight delay in the release by the source. A concern here is that core annual inflation is seen accelerating again, up to 2.1% from 1.7% in March. That comes amid a jump in services inflation in particular, up to 3.0% from 2.5% in the month before.

This article was written by Justin Low at www.forexlive.com.

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