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Italy August preliminary CPI -0.5% vs -0.5% y/y expected

August 31, 2020 at 10:00AM

Italy August preliminary CPI -0.5% vs -0.5% y/y expected
Latest data released by Istat – 31 August 2020
– Prior -0.3%; revised to -0.4%
– CPI +0.3% vs +0.3% m/m expected
– Prior -0.1%; revised to -0.2%
Italian headline annual inflation slumps to its weakest level since April 2016, as price pressures across the European region remains more subdued in August. This just reaffirms the narrative that the
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