Italy EUR

Italy Inflation Rate MoM Final

Impact:
Low

Latest Release:

Date:
Surprise:
-0.1%
Actual:
0.1%
Forecast: 0.2%
Previous/Revision:
0.3%
Period: Apr

Next Release:

Date:
Forecast: 0%
Period: May
What Does It Measure?
The Italy Inflation Rate MoM Final measures the monthly percentage change in the consumer price index (CPI), assessing the rate at which prices for goods and services rise or fall within the Italian economy. This indicator primarily focuses on inflationary pressures, reflecting changes in the cost of living and purchasing power, and key sub-indicators include core inflation, energy prices, and food prices.
Frequency
This economic report is released on a monthly basis, with the final figures typically published around the 15th day of the month for the preceding month’s data.
Why Do Traders Care?
Traders pay close attention to the Italy Inflation Rate MoM Final as it significantly influences the European Central Bank's monetary policy decisions, which can lead to movements in the euro (EUR) and impact Italian government bonds and stock markets. A higher-than-expected inflation rate generally suggests economic strength but could lead to increased interest rates, while lower readings may signal economic weakness and an accommodative monetary policy stance.
What Is It Derived From?
The inflation rate is derived from the consumer price index (CPI), which is calculated using a survey of prices across a basket of commonly purchased goods and services. The index is constructed with data collected from various sectors of the economy, with weights assigned to different items reflecting their importance in the average consumer's spending habits.
Description
The final report on the Italy Inflation Rate MoM provides a conclusive assessment of month-over-month changes in inflation, contrasting preliminary estimates that may be revised as more data becomes available. Traders rely on the final report as a more accurate reflection of inflation trends affecting consumer prices, helping to inform their trading decisions and economic forecasts.
Additional Notes
This indicator functions as a leading economic measure, providing insights into future consumer spending habits and economic activity. Comparisons with other related indicators, such as the European Union-wide inflation rates, can provide a broader context for understanding Italy's economic conditions within the regional framework.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for EUR, Bearish for Stocks. Lower than expected: Bearish for EUR, Bullish for Stocks. Dovish tone: Signaling lower interest rates or economic support, is usually bad for the EUR but good for stocks due to cheaper borrowing costs.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
0.1%
0.2%
0.3%
-0.1%
0.3%
0.4%
0.2%
-0.1%
0.2%
0.2%
0.6%
0.6%
0.6%
0.1%
0.1%
0.1%
-0.1%
-0.1%
0%
0%
-0.1%
0%
0%
-0.2%
-0.2%
-0.2%
0.2%
0.2%
0.2%
0.4%
0.4%
0.5%
0.1%
-0.1%
0.1%
0.1%
0.2%
0.2%
0.2%
0.1%
0.1%
0.2%
0%
-0.1%
0%
0.1%
0.1%
-0.1%
0.1%
0.1%
0.3%
0.3%
0.3%
0.2%
0.2%
0.2%
-0.5%
-0.5%
-0.4%
-0.2%
-0.1%
-0.2%
-0.1%
0.2%
-0.1%
0.2%
0.2%
0.3%
0.3%
0.4%
0%
-0.1%
0%
0.1%
0%
-0.1%
0%
0%
0.3%
0.3%
0.3%
0.4%
0.4%
0.5%
-0.4%
-0.1%
-0.4%
-0.3%
0.2%
-0.1%
0.2%
0.3%
0.1%
-0.1%
0.1%
0.2%
0.3%
-0.1%
0.3%
0.3%
0.5%
0.5%
0.5%
3.4%
3.4%
3.5%
0.3%
-0.1%
0.3%
0.3%
0.8%
0.8%
0.8%
0.4%
0.4%
0.4%
1.2%
1.2%
1.2%
0.8%
0.8%
0.9%
-0.1%
-0.1%
-0.1%
0.2%
1%
-0.3%
1%
1.2%
0.9%
-0.2%
0.9%
0.9%
1.6%
1.6%
1.6%
0.4%
0.4%
0.4%
0.6%
0.6%
0.7%
0.7%
-0.1%
0.7%
0.6%
-0.2%
0.1%
-0.2%
-0.1%
0.4%
-0.1%
0.4%
0.5%
0.5%
-0.1%
0.5%
0.3%
0.1%
0.2%
0.1%
0.1%
0%
0%
0%
0.4%
0.4%
0.4%
0.3%
0.3%
0.3%
0.1%
0.1%
0.1%
0.7%
0.7%
0.5%
0.2%
0.2%
0.2%
0.3%
-0.1%
-0.1%
-0.1%
-0.1%
0.2%
0.2%
0.2%
-0.7%
-0.7%
-0.6%
0.3%
-0.1%
0.3%
0.3%
-0.2%
-0.2%
-0.1%
0.1%
-0.1%
0.1%
0.1%
-0.2%
-0.2%
-0.1%
0.1%
-0.1%
0.1%
0.1%
0.1%
0.1%
0.1%
-0.1%
-0.1%
0%
0.1%
-0.1%
0.1%
0.2%
0.2%
-0.1%
0.2%
0.2%
-0.2%
-0.2%
0%
-0.1%
-0.2%
-0.1%
0%
-0.6%
-0.1%
-0.6%
-0.5%
0.4%
-0.1%
0.4%
0.5%
0%
-0.1%
0%
0.1%
0.1%
-0.1%
0.1%
0.2%
0%
-0.1%
0%
0.1%
0.2%
-0.1%
0.2%
0.2%
0.3%
0.3%
0.3%
0.1%
0.1%
0.2%
0.1%
-0.1%
0.1%
0.1%
-0.1%
-0.1%
-0.1%
-0.2%
-0.2%
-0.1%
0%
-0.1%
0%
0%
-0.5%
-0.5%
-0.4%
0.4%
-0.1%
0.4%
0.5%
0.4%
-0.1%
0.3%
0.3%
0.2%
0.2%
0.3%
0.3%
-0.1%
0.3%
0.4%
0.1%
-0.1%
0.1%
0.1%
0.3%
0.3%
0.4%
0%
-0.1%
0%
0.1%
0.3%
-0.1%
0.3%
0.4%
0.4%
-0.1%
0.4%
-0.1%
-0.2%
0.5%
-0.2%
-0.2%
-0.2%
-0.2%
-0.2%
-0.3%
-0.3%
-0.3%
0.3%
0.3%
0.3%
0.1%
0.1%
0.1%
-0.1%
-0.1%
-0.1%
-0.2%
-0.2%
-0.2%
0.4%
0.4%
0.3%
0%
0.1%
0%
0%
0.4%
0.4%
0.3%
0.3%
0.1%
0.3%
0.2%
0.4%
0.1%
0.4%
0.4%
-0.1%
-0.1%
-0.1%
-0.1%
-0.1%
0%
0%
-0.1%
-0.2%
-0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.1%
0.1%
0.1%
0.3%
0.3%
0.3%
-0.1%
-0.1%
0%
0.2%
-0.1%
0.2%
0.2%
-0.2%
-0.2%
-0.2%
-0.2%
-0.2%
-0.2%
0%
0%
0%
-0.4%
-0.4%
-0.4%
0.2%
0.2%
0.2%
-0.4%
-0.4%
-0.3%
0.2%
-0.1%
0.2%
0.2%
-0.1%
-0.1%
-0.1%
0.2%
0.2%
0.1%
0.1%
0.1%
0.1%
0.2%
0.2%
-0.1%
0.2%
0.3%
0.1%
-0.1%