Italy's CPI for October preliminary reading came in line with forecasts at 0.1%, higher than the previous -0.2%. Also, the yearly reading came analogous to expectations of 0.3%, higher than the prior 0.2%.

With regard to the EU Harmonised reading, it came in at 0.5% as expected higher than 0.7% a month earlier, while on the year the reading matched both expected and previous readings of 0.4%.