In Italy too, inflation seems to be slowing down. According to some data, inflation in Italy is at +0.8% on an annual basis. The national consumer price index remains stable compared to the previous month, while underlying inflation decreases
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Thanks for the insight. This is a feeling I have shared over the past 3-4 months.
Today’s US PPI data is even confirming this trend. This could show an overall consumer weakness so let’s beware!