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Italy May preliminary CPI (HICP) +1.9% vs +1.9% y/y expected

  • Prior +2.0%
  • CPI (HICP) M/M +0.1% vs +0.0% expected
  • Prior +0.4%

The data is in line with expectations and won’t change the ECB plans for the time being.

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

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