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Italian deflation widens to -0.7% in September

Friday 16 October 2020 | 11:14 CET | News
Italy posted a negative annual inflation rate for the fifth consecutive month in September, with the consumer price index decreasing 0.7 percent year on year compared to -0.5 percent in August, according to final figures from statistics agency Istat. The decline was mainly due to a 13.6 percent fall in regulated energy prices and a 1.6 percent decline in transport service prices, partly offset by a 1.0 percent annual rise in unprocessed food prices, said Istat.

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