(ANSA) - Rome, May 29 - 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.
Meanwhile, prices in the so-called consumer trolley of
goods for the average Italian household rose this month by 0.8%
as costs for such goods as food, along with household and
personal care items rose compared with the same time last year,
Istat said.
Italy pulled out of deflation, Istat estimates show-update2
Prices for consumer trolley up by 0.8%