Italy October preliminary CPI 0.0% vs -0.1% m/m expected

Latest data released by Istat - 31 October 2019

• Prior -0.5%; revised to -0.6%
• CPI +0.3% vs +0.3% y/y expected
• Prior +0.4%; revised to +0.3%

• HICP +0.2% vs +0.1% m/m expected
• Prior +1.5%
• HICP +0.2% vs +0.2% y/y expected
• Prior +0.2%

The figures here aren't going to matter all too much as the focus is on the overall Eurozone report released at the same time. Core inflation there is holding up so the drop in the annual headline figure here is rather minimal in terms of impact.