Italy December preliminary CPI 1.3% vs 1.5% y/y expected ...Middle East

Prior 1.3%HICP 1.4% vs 1.6% y/y expectedPrior 1.5%Core CPI Y/Y 1.8% vs. 1.9% prior

Core inflation (excluding energy and unprocessed food) was +1.8% (from +1.9% in the previous month) and inflation excluding energy was +1.7% (from +2.0% in November).

In 2024, the average annual rate of change of consumer prices, measured by NIC, was +1.0% (+5.7% in 2023); core inflation, excluding energy and unprocessed food, was +2.0% (from +5.1% in 2023) and inflation excluding energy was +2.1% (+5.3% in 2023).

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

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