Recent economic data from Italy, France, and Spain reveal mixed inflation trends. Italy's Producer Price Index (PPI) for May showed a month-over-month (MoM) increase of 0.1% and a year-over-year (YoY) decrease of 1.5%. The Italian Consumer Price Index (CPI) for June recorded a YoY increase of 0.8% and a MoM increase of 0.1%, while the Harmonized Index of Consumer Prices (HICP) for June remained steady at 0.2% MoM and 0.9% YoY. Italy's PPI YoY for May decreased by 5.9%. In France, the preliminary Harmonized Index of Consumer Prices (HICP) for June showed a YoY increase of 2.5% and a MoM increase of 0.1%. French consumer spending for May rose by 1.5% MoM, surpassing expectations of 0.2%. France's PPI for May decreased by 1.4% MoM, and the CPI for June recorded a YoY increase of 2.1%. Spain's preliminary HICP for June recorded a YoY increase of 3.5% and a MoM increase of 0.3%. The Spanish CPI for June showed a YoY increase of 3.4% and a MoM increase of 0.3%. Spain's core CPI YoY remained at 3.0%.
ITALIAN CPI YOY PRELIM ACTUAL 0.8% (FORECAST 1%, PREVIOUS 0.8%) $MACRO
ITALIAN CPI MOM PRELIM ACTUAL 0.1% (FORECAST 0.2%, PREVIOUS 0.2%) $MACRO
ITALIAN HICP PRELIM MOM ACTUAL 0.2% (FORECAST 0.2%, PREVIOUS 0.2%) $MACRO
#Spain Harmonized Index of Consumer Prices (MoM) in line with expectations (0.3%) in June Spain June preliminary CPI +3.4% vs +3.3% y/y expected
🇮🇹 Italy Italian CPI (YoY) (Jun) $EUR Actual: 0.8% 🔴 Expected: 1.0% Previous: 0.8%
🇮🇹 Italy Italian CPI (MoM) (Jun) $EUR Actual: 0.1% 🔴 Expected: 0.2% Previous: 0.2%
🇮🇹 Italy Italian HICP (MoM) (Jun) $EUR Actual: 0.2% Expected: 0.2% Previous: 0.2%
🇮🇹 Italy Italian HICP (YoY) (Jun) $EUR Actual: 0.9% Expected: 0.9% Previous: 0.8%
🇪🇸 Spain Core CPI (YoY) (Jun) $EUR Actual: 3.0% Previous: 3.0%
🇫🇷 France French HICP (MoM) (Jun) $EUR Actual: 0.1% Expected: 0.1% Previous: 0.1%
🇫🇷 France French HICP (YoY) (Jun) $EUR Actual: 2.5% Expected: 2.5% Previous: 2.6%
🇪🇸 Spain Spanish HICP (MoM) (Jun) $EUR Actual: 0.3% Expected: 0.3% Previous: 0.2%
🇪🇸 Spain Core CPI (YoY) $EUR Actual: 3.0% Previous: 3.0%
🇪🇸 Spain Spanish CPI (MoM) (Jun) $EUR Actual: 0.3% 🟢 Expected: 0.2% Previous: 0.3%
🇪🇸 Spain Spanish HICP (YoY) (Jun) $EUR Actual: 3.5% 🟢 Expected: 3.4% Previous: 3.8%
🇪🇸 Spain Spanish CPI (YoY) (Jun) $EUR Actual: 3.4% Expected: 3.4% Previous: 3.6%
SPANISH HICP YOY FLASH ACTUAL 3.5% (FORECAST 3.5%, PREVIOUS 3.8%) $MACRO
SPANISH HICP MOM FLASH ACTUAL 0.3% (FORECAST 0.3%, PREVIOUS 0.2%) $MACRO
SPANISH CPI YOY FLASH ACTUAL 3.4% (FORECAST 3.4%, PREVIOUS 3.6%) $MACRO
🇫🇷 France French HICP (MoM) $EUR Actual: 0.1% Expected: 0.1% Previous: 0.1%
🇫🇷 France French HICP (YoY) $EUR Actual: 2.5% Expected: 2.5% Previous: 2.6%
🇫🇷 France French CPI (MoM) (Jun) $EUR Actual: 0.1% Expected: 0.1% Previous: 0.0%
🇫🇷 France French CPI (YoY) (Jun) $EUR Actual: 2.1% Previous: 2.3%
🇫🇷 France PPI (YoY) (May) $EUR Actual: -6.70% Previous: -6.70%
FRANCE (MAY) PPI MOM ACTUAL : -1.4% VS -3.6% PREVIOUS
🇫🇷 France French PPI (MoM) (May) $EUR Actual: -1.4% Previous: -3.6%
🇫🇷 France French Consumer Spending (MoM) (May) $EUR Actual: 1.5% 🟢 Expected: 0.2% Previous: -0.9%
🔴 FRENCH HICP YOY PRELIM ACTUAL 2.5% (FORECAST 2.5%, PREVIOUS 2.6%) $MACRO
🔴 FRENCH CPI MOM NSA PRELIM ACTUAL 0.1% (FORECAST 0.1%, PREVIOUS 0.0%) $MACRO
FRENCH PPI MOM ACTUAL -1.4% (FORECAST -, PREVIOUS -3.6%) $MACRO
FRENCH HICP MOM PRELIM ACTUAL 0.1% (FORECAST 0.1%, PREVIOUS 0.1%) $MACRO
ITALIAN PPI YOY ACTUAL -5.9% (FORECAST -, PREVIOUS -5.9%) $MACRO
ITALIAN PPI MOM ACTUAL -0.9% (FORECAST -, PREVIOUS -0.9%) $MACRO
🇮🇹 Italy Italian PPI (MoM) (May) $EUR Actual: 0.1% Previous: -0.7%
🇮🇹 Italy Italian PPI (YoY) (May) $EUR Actual: -1.5% Previous: -1.4%
ITALIAN PPI MOM ACTUAL -0.9% (FORECAST -, PREVIOUS -1.0%) $MACRO