The Italian economy has pulled
itself out of deflation this month with a slight rise of 0.2% in
the consumer price index, national statistics agency Istat said
Friday in releasing preliminary estimates. The annual measure of
prices rose from the -0.1% reported in April, the fourth
consecutive month of negative prices, said Istat. Central banks
have been raising concerns about deflation, generally seen as a
dangerous sign of economic weakness.
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