Latest data released by Istat - 9 August 2019
- CPI +0.4% vs +0.5% y/y prelim
- HICP -1.8% vs -1.7% m/m prelim
- HICP +0.3% vs +0.4% y/y prelim
Slight delay in the release by the source. Preliminary figures can be found here. A tad weaker than initial estimates and it just reaffirms some slight softening in inflationary pressures in the euro area economy. Not a game changer by any means.
EUR/USD sits more steady still at 1.1196, still trapped in a narrow 18 pips range today.
