Italy November preliminary CPI +1.2% vs +1.3% y/y expected

• Prior +1.2%
• HICP +1.1% vs +1.3% y/y expected
• Prior +1.3%

Slight delay in the release by the source. Core annual inflation is down from 1.9% in October to 1.8% in November. So, that’s the key metric to be mindful of. So, the main issue for the ECB is still that of Germany mostly (and Spain to some extent).

This article was written by Justin Low at investinglive.com.