Latest data released by Istat - 2 February 2018

  • Prior m/m +0.4%
  • CPI y/y +0.8% vs +0.8% expected
  • Prior y/y +0.9%
  • HICP m/m -1.6% vs -1.8% expected
  • HICP y/y +1.1% vs +0.9% expected

In line with expectations mostly, harmonised inflation figures y/y is something positive to take note. But we've already had the Eurozone preliminary figures for January earlier in the week so this isn't really one to have any impact really.