ITALY DATA: Preliminary November HICP fell 0.1% m/m and rose 1.8% y/y,
down from a gain of 2.0% y/y in October.
–The main domestic index (NIC) was unchanged m/m, rising +1.7% y/y.
–Core inflation based on the domestic index rose 1.5% y/y, the same
increase posted the previous month.
–Net of energy, the NIC index gained 1.4%, down from 1.5% in October.
–Preliminary September ‘NIC’ data provides 1.5% acquired inflation for
2010.