Inflation in January up

Inflation in January up

Business

Italy's annual inflation rate rose to 1.5% in January, according to final data released by ISTAT, CE Report quotes ANSA.

The national statistics agency said its consumer price index for the whole nation (NIC) was up by 0.6% in January in month-on-month terms, confirming its preliminary estimates.

ISTAT also said that so-called 'shopping trolley' prices, including food, household and personal care products, remained stable at +1.7%, releasing definitive data on consumption prices in January.

Meanwhile the price of products with high purchase frequency increased from +1.7% to +2.0%.

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