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Italy Inflation Rises As Estimated In August

Thu, 14th Sep 2017 12:06

ROME (Alliance News) - Italy's consumer price inflation accelerated marginally as initially estimated in August, latest figures from the statistical office Istat showed Thursday.

Consumer prices climbed 1.2% year-over-year in August, just above the 1.1% rise in July. That was in line with the flash data published on August 31.

Excluding energy and unprocessed food, core inflation was 1.0% in August, up from 0.8% in the prior month.

Inflation, based on the harmonized index of consumer prices, increased to 1.4% from 1.2% a month ago.

Month-on-month, the HICP edged up 0.1%. Thus, the flash estimate was confirmed.

Copyright RTT News/dpa-AFX

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