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Inflation drops to 1%

News & Data JIACC

Italy’s annual inflation rate dropped to 1% in October, down from 1.1% in September, according to a flash estimate released by ISTAT on Tuesday

Source: ANSA – The national statistics agency said that its consumer price index was 0.2% down in month-on-month terms. But ISTAT said in that its ‘trolley’ price index of the most frequently bought items, such as food and household goods, was up 1.7% in year-on-year terms this month, compared to 1.1% in September. It said the trolley was up 0.7% in month-on-month terms

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