Italy March preliminary CPI +1.3% vs +1.4% y/y anticipated

• Prior +0.8%
• HICP +1.3% vs +1.5% y/y anticipated
• Prior +0.8%

Istat notes that the slight acceleration in inflation this month was partly attributable to an easing within the current development of declining costs for vitality items. In the meantime, core annual inflation is seen at 2.5% – marginally decrease from 2.6% in February.

This text was written by Justin Low at www.forexlive.com.