Italian CPI (EU-norm) May flash mm -0.1% vs +0.1% exp

• +0.5%
• yy +0.4% vs +0.6% vs +0.5% prev
• consumer prices mm -0.1% vs 0.0% exp vs +0.2% prev
• yy +0.5% as exp vs +0.6% prev

Weaker flash reading which will not go unnoticed either by the ECB but EURUSD unfazed still at 1.3608