Consumer prices in Italy rose by 1.4% in September

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Annual inflation in Italy in September, calculated according to national standards, was 1.4%. Compared with the August figure of 1.6%, inflation slowed down in September, the final data from Istat showed. Relative to the previous month there was a decrease in prices by 0.5%. The slowdown was mainly caused by the dynamics of food prices. Excluding the price of energy, food and alcohol, the annual increase in consumer prices was 0.7%, also slowing down from a rise of 0.8% in August. In monthly terms, food prices fell 0.2%. Prices for alcohol and tobacco products remained unchanged. Clothes and shoes rose 0.4%. Expenses for transport decreased by 2.4%.

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