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Italy's annual inflation rate 3.7% in November - ISTAT

Agency revises down figure but still highest level since 2008

Redazione Ansa

(ANSA) - ROME, DEC 15 - Italy's annual inflation rate was a whopping 3.7% in November, up from 3% in October, ISTAT said on Wednesday.
    That was slightly lower than the preliminary estimate of 3.8% that the national statistics agency had given.
    But it was still the highest level since September 2008, when the annual inflation rate was 3.8%.
    ISTAT said the price rises were driving by higher energy costs.
    It said its consumer-price index was up 0.6% in November in month-on-month terms.
    It said its trolley index of everyday goods, such as food and household items, was up 1.2% in year-on-year terms in November, compared to 1% the previous month. (ANSA).
   

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