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Italy confirms May inflation rise to 1.3%

Tuesday 15 June 2021 | 15:11 CET | News
Italy's annual inflation rate came in at 1.3 percent in May, up from the previous month's reading of 1.1 percent, according to final figures from statistics agency Istat that confirmed the preliminary reading. The country's inflation turned positive for the first time in 8 months in January and the trend has continued throughout the first five months of the year due above all to higher energy prices, offsetting falls in food and household goods.

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