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Italian inflation confirmed at -0.5% in August

Tuesday 15 September 2020 | 14:17 CET | News
Italy posted a negative annual inflation rate for the fourth straight month in August, with the consumer price index down 0.5 percent year on year following annual falls of 0.3 percent and 0.2 percent annual in July and June, according to final figures from statistics agency Istat that confirmed the preliminary reading. The decline was mostly the result of a 13.6 percent fall in regulated energy prices, partly offset by a 2.0 percent rise in unprocessed food prices, said Istat.

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