Italian inflation rose to 0.9% in October says Istat

Trolley index up sharply to 2% says statistics agency

By: ansa.it

Nov 15 2024
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Italian inflation rose to 0.9%

Italy's annual inflation rate rose from 0.7% in September to 0.9% in October, Istat said on Friday, confirming the preliminary estimate it had given for its consumer price index last month.
    "The increase of the growth on annual basis of all-item index was mainly due to the prices of processed food including alcohol (from +1.5% to +1.7%), of unprocessed food (from +0.3% to +3.4%), of non-regulated energy products (from -11.0% to -10.2%) and of services related to transport (from +2.4% to +3.0%)," the national statistics agency said.
    "On the contrary, the prices of regulated energy products (from +10.4% to +3.9%) and of services related to recreation, including repair and personal care (from +4.0% to +3.6%) slowed down".
    Istat said its consumer price index was flat in month-on- month terms.
    The agency said its trolley index of the prices of food, household and personal-care items rose on an annual basis to 2%, up from 1%.