It increased 1.6 percent year-on-year in September.
Core inflation (excluding energy and unprocessed food) for the month rose 2 percent and inflation excluding energy also rose 2 percent.
Italy’s consumer price index fell 0.3 percent month-on-month and rose 1.2 percent year-on-year in October, preliminary estimates show. It increased 1.6 percent year-on-year in September. The CPI for goods rose 0.2 percent year-on-year in the month from a 0.6 percent year-on-year increase in September. Core inflation (excluding energy and unprocessed food) rose 2 percent and inflation excluding energy also rose 2 percent.
The CPI for goods rose 0.2 percent year-on-year in the month from a 0.6 percent year-on-year increase in September.
The inflation gap between services and goods increased from 2 percentage points in September to 2.4 in October.
Fiber2Fashion News Desk (DS)
