Italy January preliminary CPI +0.1% vs +0.1% m/m expected

Latest data released by Istat - 4 February 2019

• Prior -0.1%
• CPI +0.9% vs +0.9% y/y expected
• Prior +1.1%

• HICP -1.7% vs -1.9% m/m expected
• Prior -0.1%
• HICP +0.9% vs +0.8% y/y expected
• Prior +1.2%

Much like other countries in the region, headline inflation is seen slowing down here. Not a data point that matters all too much given that we already had Eurozone CPI figures released on Friday already.