August 2015 Italy HICP flash 0.5% vs 0.3% exp y/y

Highlights of the August 2015 Italy HICP flash data report 31 August 2015

• Prior 0.3%
• 0.0% vs -0.2% exp m/m. Prior -1.9%. Revised to -2.0%
• CPI 0.2% vs 0.1% exp y/y. Prior 0.2%
• 0.2% vs 0.1% exp m/m. Prior -0.1%
• Core 0.7% vs 0.8% prior y/y

The CPI was higher that the HICP number m/m as it does not include the discount prices the HICP takes note of

Still, it takes Italy further away from the deflation line

Italy HICP y/y

By Ryan Littlestone