Harmonized inflation eased to 10.7% in January from 12.3% in December. It should continue to decline ahead due to softer domestic demand and higher interest rates. However, statistical carry-over and pass-through effects will keep it historically high. A stronger-than-expected euro poses a downside risk. Energy and commodity price swings are key factors to watch.
Italy 3-Month EURIBOR (%, eop) Data
|3-Month EURIBOR (%, eop)||-0.33||-0.31||-0.38||-0.55||-0.57|