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- Italy's consumer prices decreased as initially estimated in July
Italy's consumer prices decreased as initially estimated in July
Italy's consumer prices decreased as initially estimated in July, final figures from the statistical office Istat showed Thursday.
The consumer price index edged down 0.1 percent year-over-year in July, confirming the flash data, following a 0.4 percent drop in June. It was the sixth month of decline in a row.
Excluding energy and unprocessed food, core inflation accelerated to 0.6 percent in July from 0.5 percent in the previous month.
On a monthly basis, consumer prices rose 0.2 percent from June, when it increased by 0.1 percent.
That was in line with the flash report published on July 29. It was the third successive monthly climb.
The EU measure of inflation, or HICP, dropped 0.2 percent annually in July, revised from a 0.1 percent fall reported earlier. In June, the rate of decline was also 0.2 percent.
Month-on-month, the harmonized index of consumer prices dipped 1.9 percent in July, above the previous estimate of a 1.8 percent fall - RTTnews.
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