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Italian deflation accelerates slightly in July - Istat

Thursday 6 August 2020 | 16:47 CET | News
Deflation in Italy accelerated slightly in July, with the consumer price index down 0.3 percent year on year after a 0.2 percent annual decline in June, according to preliminary figures from statistics agency Istat. The decline was due to very low energy prices. Prices as measured by core inflation (excluding energy and unprocessed food) rose 0.5 percent year on year, slowing after a 0.7 percent increase in June, and inflation excluding energy was 0.7 percent, down from 0.9 percent in the previous month.

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