Italy March preliminary CPI +1.3% vs +1.4% y/y expected ...Middle East

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Italy March preliminary CPI +1.3% vs +1.4% y/y expected
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Prior +0.8%HICP +1.3% vs +1.5% y/y expectedPrior +0.8%Istat notes that the slight acceleration in inflation this month was partly caused by an easing in the recent trend of declining prices for energy goods. Meanwhile, core annual inflation is seen at 2.5% - marginally lower from 2.6% in February. This article was written by Justin Low at www.forexlive.com.

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