Italy September preliminary CPI +4.2% vs +3.8% y/y expected

Prior +3.3% HICP +4.1% vs +3.8% y/y expected Prior +3.2% Italy's preliminary September inflation data showed a significant acceleration in price pressures, with the consumer price index rising 4.2% y/y, up from 3.3% in August. On a monthly basis, CPI increased 0.7%. The…