Italy May final CPI +1.6% vs +1.7% y/y prelim

• Prior +1.9%
• HICP +1.7% vs +1.9% y/y prelim
• Prior +2.0%

These are lower revisions to the preliminary figures. It doesn’t change anything for the ECB but continued easing in inflation will keep the doves at the central bank in charge.

This article was written by Giuseppe Dellamotta at www.forexlive.com.