Italy August inflation report 31 Aug 2016

  • -1.8% prev
  • yy 0.0% vs -0.1% exp vs -0.2% prev
  • CPI NIC inc tobacco mm +0.2% vs +0.3% exp vs +0.2% prev
  • yy -0.1% vs 0.0% exp vs -0.1% prev

HICP stronger than expected but negated by softer CPI and not going to help the euro today.