New data Inflation Rate MoM (Nov)
11/29/2024
actual 0, previous 0
The event is the "Inflation Rate MoM (Month-over-Month)" for Italy, scheduled for November 29, 2024, at 10:00 AM. Inflation rate measures the percentage change in the price of goods and services over a specific period, in this case, from the previous month.The actual value reported for this event is 0%, which means there was no change in the price level compared to the previous month. The event is considered to have a medium impact on the market.
The estimated value was -0.2%, indicating an expected decrease in prices from the previous month. However, the actual value matching the previous month's rate suggests that inflation remained stable.
This event is important for traders and investors as it provides insights into the current state of inflation in Italy, which can have implications for monetary policy decisions and overall economic health.
This is not investment advice. Remember to verify the information provided here.
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