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Italy posts negative inflation in May

Monday 1 June 2020 | 14:45 CET | News
Italy posted a negative inflation of -0.1 percent on both an annual and monthly basis in May, according to preliminary figures from statistics agency Istat. The result is the first negative reading since October 2016 and is due above all to plunging non-regulated energy products (which fell from -7.6% to -12.2% in May), offset by slightly higher grocery and unprocessed food prices. 

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