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Italy April preliminary CPI (HICP) +2.1% vs +2.3% y/y expected

  • Prior +2.1%
  • Core CPI Y/Y 2.1% vs 1.7% prior

The agency notes: “The increase of the growth on annual basis of All-item index was mainly
due to the prices of Regulated energy products (from +27.2% to +32.9%),
of Services related to transport (from +1.6% to +4.4%), of Unprocessed
food (from +3.3% to +4.2%) and of Processed food including alcohol (from
+1.9% to +2.3%). On the contrary, the prices of Non-regulated energy
products (from +0.7% to -2.9%) and of Tobaco (from +4.6% to +3.4%)
slowed down.”

This article was written by Giuseppe Dellamotta at www.forexlive.com.

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