Lunedì, 24 Settembre 2018

Prices on basic consumer goods in Italy rise 2% in July


Rome, July 31 - Prices of basic consumer goods -
the things people buy on a regular basis, like groceries and
fuel - rose at a rate of 2% in July, up from 1.7% in June, the
Italian statistical agency Istat said on Wednesday, meaning
people are feeling a stronger pinch on their pocketbooks than
overall inflation figures would indicate.
The overall inflation rate of was just 1.1% in July. The
price hike in core consumer goods price was the highest since
March, when overall inflation stood at 1.6%.

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