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Italian deflation narrows to -0.3% in October

Friday 30 October 2020 | 15:48 CET | News
Italy posted a negative annual inflation rate for the sixth straight month in October, with the consumer price index decreasing 0.3 percent year on year compared to -0.6 percent in September, according to preliminary figures from statistics agency Istat. The annual decline was above all due to a 9.6 percent fall in regulated energy prices, although inflation returned to positive on a monthly basis, rising 0.2 percent compared to September, said Istat.

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