Italian PPI YoY (Feb) Y/Y -2.7% (Prev. -1.6%)
The Italian PPI decline of 2.7% YoY for February represents a steeper drop compared to the previous year's -1.6%, indicating significant deflationary pressures in producer prices.
JPM European Equity strategists say the current shock differs markedly from 2022 playbook
Iraq's Defence Ministry says the Mohamad Alaa air base was attacked by a rocket. An aircraft was destroyed but no injuries reported; Iraq says "We will not hesitate to pursue anyone who dares to harm Iraq's security and sovereignty",
Italian PPI YoY (Feb) Y/Y -2.7% (Prev. -1.6%)
Goldman Sachs says Q1 earnings to test whether strong EPS can steady US equities
Iran's acting Defence Minister told the Turkish counterpart that Tehran will continue to punish aggressors, create deterrence and ensure war will not repeat itself, via IRNA
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This trend could alter expectations around inflation in the Eurozone, potentially influencing ECB policy direction as they navigate growth-inflation dynamics.
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