Inflation in tourism sector up in July
Inflation in the tourism sector in July rose by 0.8% on a monthly basis and 4.1% on an annual basis a Demoskopika survey revealed.
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Tag: inflation
Inflation remains steady, industry prices +0.3% in May
Italian inflation stayed at 0.8% in June, the same as May, Istat said on Friday. In May, industrial producer prices increased by 0.3% on a monthly basis.
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Italy’s Inflation Rate Lowest in Europe
Italy’s inflation rate climbed to 1.3% in March compared to the previous year, showing a slower rise than expected. This development underscores the current state of the Italian economy, which is experiencing what can be described as a ‘soft landing.’
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Italy’s debt down to 140.6% of GDP but economic deceleration predicted
In its most recent projection, the Bank of Italy anticipates a further deceleration in the country’s economy in 2024, coupled with a rise in inflation. However, Eurostat announced today that Italy’s debt to GDP ratio was down in the third quarter of 2023.
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Italy to hold crisis meeting over price of pasta
Italy’s government is convening a crisis meeting to address soaring pasta prices. The price of Italy’s popular basic food surged almost twice as much as the country’s inflation rate last month.
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Italy’s GDP up but inflation highest in nearly 40 years
Italy’s Gross Domestic Product (GDP) increased in the third quarter. The annual inflation rate in November, meanwhile, was stable in relation to the previous month but highest since 1984.
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Food inflation rises by 7.1% in Italy
Food inflation is affecting the entire food chain, agricultural entity Coldiretti states. Food prices rose by an average 7.1% in May, Istat figures show.
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