Italy CPI Oct flash report 31 0ct
– -0.2% prev
– yy -0.1% vs +0.1% exp/prev
– HICP mm +0.2% v 0.4% exp vs +1.9% prev
– yy -0.1% vs +0.1% exp/prev
Not great data and a return to yy deflation after a brief ray of hope in Sept, but focus right now is on the better than expected EZ composite inflation reading.