Latest producer price figures released by Istat - 9 March 2018

  • Prior m/m 0.0%
  • PPI y/y +1.7% vs +2.0% prior

Not much in the data point really. The producer price year-on-year figure is slightly lower, but it's a rough gauge of inflationary pressures. But this is a data point that doesn't offer much, since it is lagging - and we already had Eurozone inflation figures earlier on last month.