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<Econ> Italy's March CPI Preliminary Value Rises 0.5% MoM, Meets Expectations; Rises 1.7% YoY, Below Expectations
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The Italian National Institute of Statistics announced that Italy's March Consumer Price Index (CPI) preliminary value rose by 0.5% month-on-month, meeting expectations, with the previous value rising by 0.7%. Year-on-year, it rose by 1.7%, below the market expectation of a 1.8% increase, with the previous value rising by 1.5%.

After being harmonized according to EU standards, Italy's March Harmonized Index of Consumer Prices (HICP) preliminary value rose by 1.6% month-on-month, below the market expectation of a 1.8% increase, with the previous value rising by 0.5%. Year-on-year, it rose by 1.5%, below the market expectation of a 1.7% increase. (da/u)
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