(ANSA) - Rome, December 14 - Italy's annual inflation rate
for November was 0.1%, down from 0.3% in October, Istat said on
Monday, confirming the figure given in its preliminary estimate.
It is the lowest level since May.
The national statistics agency added that its
consumer-price index in November was 0.4% lower than the
previous month.
Eleven big Italian cities had negative annual inflation
rates in November, Istat said.
The city to experience deflation most was Bologna with a
fall in prices of 0.7%. It was followed by Padua, Palermo,
Catania, Perugia, Cagliari, Bari, Verona, Venice, Modena and
Aosta.
Low or negative inflation is seen as a threat to recovery
prospects.
The Italian economy as a whole endured periods of
deflation both this year and in 2014.
Deflation hits 11 big Italian cities
Annual rate down from 0.3% in October