Despite oil price tensions and strengthening domestic demand, the inflation performance remains subdued. Barring another oil spike, the headline rate is likely to ease further during the course of the year.
More Quotes from Lorenzo Codogno:
It was much more balanced than the first debate which Berlusconi clearly lost. This time I think there was no clear winner and I'm sure both sides will claim victory.Lorenzo Codogno
The government was very reluctant to take a position because it's a very delicate situation, but now they are really turning the pressure on.
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As January data are inflated by a growing tendency towards gift vouchers over Christmas, which are then turned into purchases afterwards, a return to normal in February is likely to show up in more subdued sales.
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He certainly has political aspirations, and I don't think it will be the end of his career if the center-right loses. He will play an important role in the future of Italian politics.
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