Italy: Inflation comes in at highest level since January 2013 in August
September 15, 2021
A second estimate confirmed consumer prices rose 0.48% in August over the previous month, matching July's reading. Looking at the details of the release, prices for food and non-alcoholic beverages rebounded in August while prices for transportation accelerated.
Inflation came in at 2.0% in August (previously reported: 2.1%), which was up from July’s 1.9%. August's figure marked the highest inflation rate since January 2013. Annual average inflation edged up to 0.7% in August (July: 0.5%). Lastly, harmonized inflation rose to 2.6% in August, from July’s 1.0%.