FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 35 institutional desks. No promotion.
Live cross-firm bank consensus across 35 desks — FX, oil & gold
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https://think.ing.com/snaps/italian-inflation-inches-up-in-may-energy-prices/
The desk interprets the slight decline in Italian inflation as fundamentally stabilizing, with headline inflation falling to 3% in June from 3.2% in May, largely driven by decreased fresh food and soft services prices. Per the full note [source], the inflation dynamics illustrate resilience despite ongoing energy price concerns stemming from geopolitical tensions. Consequently, if oil and gas price normalization occurs, we could see inflation stabilize in the low 3% range for the remainder of the year. Additionally, the upcoming economic landscape reveals no significant events that might presently disrupt this trajectory.