Italy February preliminary CPI +2.0% vs +1.6% y/y expected

• Prior +1.6%
• HICP +2.1% vs +1.8% y/y expected
• Prior +1.7%

Slight delay in the release by the source. Core annual inflation remains unchanged though at 1.7%, so the ECB can take some comfort from that despite a jump in the headline readings.

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