FOREX TradingCharts.com

Financial News: Italy Inflation Unrevised At 9-Month Low In September

Italy Inflation Unrevised At 9-Month Low In September

10/16/2024 - 04:44:00 (RTTNews)

(RTTNews) - Consumer price inflation in Italy eased to the lowest level in nine months amid lower energy costs, as initially estimated in September, the latest data from the statistical office showed on Wednesday.

Consumer price inflation slowed to 0.7 percent in September from 1.1 percent in August. That was in with the flash data published on September 30.

Further, this was the weakest inflation since December 2023, when prices had risen 0.6 percent.

The slowdown in inflation was largely driven by an 11.0 percent plunge in non-regulated energy products. Meanwhile, the annual price growth in regulated energy products moderated to 10.4 percent from 14.3 percent.

Apart from that, lower prices of some types of services, including recreational, cultural, and personal care and transport, also curbed the rise in prices, with the inflation falling to 4.0 percent from 4.5 percent.

On the other hand, costs for unprocessed food products rebounded 0.3 percent after falling 0.5 percent in August.

On a monthly basis, consumer prices dropped 0.2 percent in September, as estimated.

Inflation, based on the harmonized index of consumer prices, softened to 0.7 percent in September from 1.2 percent in the previous month. The latest increase was revised down from 0.8 percent. Compared to the previous month, the HICP climbed 1.2 percent.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2024 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Consumer Sentiment Improves More Than Expected In November (55 min(s), 13 sec(s) ago)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story»

Italy Retail Sales Recover In September (10 min(s), 13 sec(s) ago)
(RTTNews) - Italy's retail sales recovered at a stronger-than-expected pace in September, offi ...Full Story»

French Trade Gap Near 1-Year High (45 min(s), 13 sec(s) ago)
(RTTNews) - France's trade deficit widened to a near one-year high in September, data from cus ...Full Story»

Italy Industrial Production Falls (54 min(s), 13 sec(s) ago)
(RTTNews) - Italy's industrial production declined in September, data from the statistical off ...Full Story»

Malaysia Industrial Output Rises At Slower Pace (13 min(s), 13 sec(s) ago)
(RTTNews) - Malaysia's industrial production posted a slower growth in September, figures from ...Full Story»

European Economic News Preview: France Foreign Trade Data Due (13 min(s), 13 sec(s) ago)
(RTTNews) - Foreign trade data from France and industrial production from Italy are due on Friday, ...Full Story»

Japan Household Spending Slips 1.1% On Year In September (28 min(s), 13 sec(s) ago)
(RTTNews) - The average of household spending in Japan was down 1.1 percent on year in September, ...Full Story»

Japan Household Spending Data Due On Friday (12 min(s), 13 sec(s) ago)
(RTTNews) - Japan will on Friday release September figures for household spending, highlighting a ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves More Than Expected In November

11/08/2024 - 10:13 AM (RTTNews)
(RTTNews) - Preliminary data released by the University of Michigan on Friday showed consumer sent ...Full Story>>

Italy Retail Sales Recover In September

11/08/2024 - 06:28 AM (RTTNews)
(RTTNews) - Italy's retail sales recovered at a stronger-than-expected pace in September, offi ...Full Story>>

French Trade Gap Near 1-Year High

11/08/2024 - 06:03 AM (RTTNews)
(RTTNews) - France's trade deficit widened to a near one-year high in September, data from cus ...Full Story>>

Italy Industrial Production Falls

11/08/2024 - 05:12 AM (RTTNews)
(RTTNews) - Italy's industrial production declined in September, data from the statistical off ...Full Story>>

Malaysia Industrial Output Rises At Slower Pace

11/08/2024 - 02:31 AM (RTTNews)
(RTTNews) - Malaysia's industrial production posted a slower growth in September, figures from ...Full Story>>

Do not sell my personal information

Copyright © 2024. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.