Italy's annual inflation rate dropped
to 7.9% this month, down from 8% in June, according to a
preliminary estimate released by ISTAT on Friday.
The national statistics agency said a deceleration in energy
prices (from 48.7% in June to 42.9% in July) was a factor in the
fall.
It said its consumer price index rose by 0.4% in month-on-month
terms.
ISTAT also said, however, that its 'trolley' index of frequently
bought items such as food and household goods was up by 9.1%,
the highest level since September 1984.
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