Italy July final CPI +5.9% vs +6.0% y/y prelim

<ul><li>Prior +6.4%</li><li>HICP +6.3% vs +6.4% y/y prelim</li><li>Prior +6.7%</li></ul><p>Just a slight change to the initial estimates but Italian inflation is seen cooling a little more going into the summer. That's some relative comfort for the ECB but these figures are still way too high.</p>

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