Percorso:ANSA.it > ANSA English > News

2013 inflation hits lowest level since 2009, says Istat

Last year's price increases well below rate in 2012

14 January, 10:47
2013 inflation hits lowest level since 2009, says Istat (ANSA) - Rome, January 14 - Italy's annual inflation rate for 2013 averaged just 1.2% - a dramatic drop from the 3.0% average in 2012, national statistical agency Istat reported Tuesday. Last year's rate was also the lowest level since 2009, the agency added. While high inflation is considered a serious problem for economies, an inflation rate that is too low is often judged a sign of serious weakness as it can indicate sluggish demand and growth.

ALL RIGHTS RESERVED © Copyright ANSA