Deflation lingers for Italy's poorest, says Istat (2)

Low energy costs hold down price pressures for poor families

(ANSA) - Rome, July 21 - For some of Italy's poorest families, deflation remained in effect in the second quarter of this year, national statistics agency Istat said Tuesday. It broke down price pressures according to income brackets and found that low-income households with little to spend were still seeing the benefits of weak energy prices. From April to June, families with low monthly expenditures saw prices fall by 0.2% over 2014, while those with more cash to spend felt inflation of 0.3% compared with Q2 2014.


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