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- Final consumer prices in Italy are flat in December
Final consumer prices in Italy are flat in December
The Italian statistical office Istat released its final consumer price inflation data for Italy on Friday. Final consumer prices in Italy were flat in December, in line with preliminary reading, after a 0.4% drop in November.
Prices for services related to recreation including repair and personal care rose 0.3% in December, while prices of durable goods increased 0.5%.
On a yearly basis, consumer prices climbed 0.1% in December, in line with preliminary reading, after a 0.1% increase in November.
The increase was mainly driven by higher prices for services related to recreation including repair and personal care. Prices for services related to recreation including repair and personal care rose 0.9% year-on-year in December, after a 0.6% gain in November.
Final consumer price inflation excluding unprocessed food and energy prices fell to 0.6% year-on-year in December from 0.7% in November.
From the final data of January 2016, the Istat will change its calculation.
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