Italy: Inflation stable in September
September 30, 2019
Consumer prices fell 0.5% month-on-month in September, contrasting August’s 0.4% increase, according to provisional data released by the National Statistical Institute (ISTAT) on 30 September. The figure mainly reflected lower prices for services related to transport, influenced by seasonal factors. Meanwhile, inflation was stable at August’s 0.4% in September.
Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, dropped 0.6% from the previous month in September, swinging from August’s 0.5% increase. Meanwhile, core inflation inched up from August’s 0.5% to 0.6%, while harmonized inflation fell to 0.3% from August’s 0.5%.