Annual inflation rate down to 0.9% in April - Istat

Drop from 1.2% in March

By: ansa.it

Apr 30 2024
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Annual inflation rate down to

Italy's annual inflation rate dropped to 0.9% this month, down from 1.2% in March, according to a preliminary data released by Istat on Tuesday.
    The national statistics agency said its consumer price index was up by 0.2% in month-on-month terms.
    "The decrease of the growth of the all-item index on an annual basis was mainly due to the prices of non-regulated energy products (going from -10.3% to -13.9%), services related to transport (from +4.5% to +2.9%) and, to a lesser extent, of miscellaneous services (from +2.3% to +1.8%), non-durable goods (from +2.0% to +1.5%) and unprocessed foods (from +2.6% to +2.2%)," Istat said.