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Italian inflation confirmed at -0.3% in October

Monday 16 November 2020 | 14:16 CET | News
Italy posted a negative annual inflation rate for the sixth consecutive month in October, with the consumer price index down 0.3 percent year on year following annual falls of 0.6 percent and 0.5 percent in September and August, according to final figures from statistics agency Istat that confirmed the preliminary reading. The decline was mainly due to a 7.2 percent fall in regulated energy prices, partly offset by a 3.5 percent rise in unprocessed food prices, said Istat.

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