Italy Inflation Confirmed at Three-Year High
Consumer price inflation in Italy accelerated in September to its highest level in three years, according to the statistical office.
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Consumer price inflation in Italy accelerated in September to its highest level in three years, according to the statistical office.
Prologis reported third-quarter core FFO of $1.60 per share and raised its development-starts guidance. The company said it remains on track for $15 billion in capital activity this year.
Bitcoin fell 3% to $83,098 and ethereum lost 5% to $2,564 as traders pointed to record-high Treasury yields and a stronger U.S. dollar. XRP and solana also declined in a broader crypto selloff.
Italy's 10-Year BTP yield fell below 4.7%, easing from its highest level in three years, as traders assessed elevated inflation against Europe's fiscal backdrop. Eurozone inflation rose to its highest level in three years, as anticipated, supporting bets of a third ECB rate hike by year-end. However, mounting concerns
Italy’s 10-year BTP yield surged past 4.70%, reaching fresh three-year highs, as a deepening energy shock strengthened expectations of further ECB rate hikes. Following higher-than-expected inflation across major euro-area economies, markets are pricing in a third ECB rate hike by year-end and at least three hikes in 2
Italy’s 10-year BTP yield eased to around 4.57% but remained close to its highest level in three years, amid signs that elevated energy costs triggered by the conflict in the Middle East are still feeding into Europe’s economy. Inflation in Italy is expected to rise to a fresh three-year high of 4.2%, while inflation a
Italy’s 10-year BTP yield climbed above 4.55%, reaching its highest level since October 2023, as uncertainty over the Strait of Hormuz drove oil prices higher and lifted concerns over inflationary pressures and expectations of higher-for-longer interest rates. Money markets are now pricing in roughly 100 basis points o
Italy’s consumer price inflation accelerated to 3.3% in August, according to the statistical office’s latest data.
Italy’s Q2 GDP growth was confirmed at 0.2% (seasonally adjusted). ISTAT also reported consumer price inflation accelerated to 3.3% in August, the highest level in nearly three years.
US briefing flags global bond selloff pushing yields to the highest level since 2008, alongside Euro-zone inflation jumping to the highest level in almost three years.