Italy’s Inflation Rate Remains Steady at 1.6% in September

Rome: Italy’s annual inflation rate for September remained steady at 1.6%, the same level as recorded in August.

According to Ansa News Agency, the national statistics agency reported that its consumer price index decreased by 0.2% in month-on-month terms, based on the provisional data provided.

Istat also noted that core inflation, which excludes energy and unprocessed food, remained steady at 2.1%.

Additionally, Istat highlighted that its ‘shopping trolley’ index, which tracks the prices of food, household goods, and personal care products, saw a decline to 3.2% from a previous 3.4%.