July Shopping Basket Price Growth Up to 3.2% from 2.8%

Rome: In July, the annualized rate of change in prices for food, household, and personal care products, collectively referred to as the “shopping basket,” exhibited an upward trend, increasing from 2.8% to 3.2% year-on-year. The preliminary estimate had indicated a growth of 3.4%, as reported by Istat on Monday.

According to Ansa News Agency, prices also rose for products frequently purchased by consumers, with an increase from 2.0% to 2.3%.