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July inflation 0.1%, lowest since 2009

Agency says lower regulated energy prices reduced price pressure

Redazione Ansa

(ANSA) - Rome, July 31 - Italy's annual inflation rate slowed to just 0.1% in July, lower than the 0.3% annual rate reported in June, the national statistical agency said Thursday in provisional estimates. Istat said the July rate is the lowest since August 2009.
    Such weak inflation is generally seen as an alarming sign for the economy.
    "The slowdown of inflation was mainly due to the extension of the decrease on annual basis of prices of regulated energy products," the agency said.
   

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