Overall inflation went from
+1.3% in 2013 to +0.2% in 2014, benefiting households with lower
spending capacity, Italian statistics bureau Istat said on
Friday in its Harmonized Indices of Consumer Prices (HICP)
report.
The report divides households into five spending classes,
and said slowing inflation was "more marked" in the lowest
spending class (from +1.3% in 2013 to zero in 2014) compared to
those with higher purchasing power (from +1.2% in 2013 to +0.4%
in 2014).
Istat said that in 2014, price decreases affected fuel and
food most, two categories which have a "more than double" impact
on households with lower spending when compared to the impact on
those with higher spending.
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