Italy HICP Aug flash mm 0.0% vs -0.1% exp

Italy August inflation report 31 Aug 2016
– -1.8% prev
– yy 0.0% vs -0.1% exp vs -0.2% prev
– CPI NIC inc tobacco mm +0.2% vs +0.3% exp vs +0.2% prev
– yy -0.1% vs 0.0% exp vs -0.1% prev
HICP stronger than expected but negated by softer CPI and not going to help the euro today.