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Inflation 3% in October, highest level since 2012

Month-on-month rise was 0.7% says ISTAT

Redazione Ansa

(ANSA) - ROME, NOV 16 - ISTAT said Tuesday that Italy's annual inflation rate was 3% in October, the highest level since September 2012.
    The national statistics agency said the rise was driven by increases in energy prices.
    The annual inflation rate was up from 2.5% in September 2021.
    The October rate also came in higher than ISTAT's preliminary estimate of 2.9%.
    ISTAT said its consumer price index was up by 0.7% in month-on-month terms in October. (ANSA).
   

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