ROME: Inflation in Italy has slowed again to 0.4 percent on a 12-month basis in March, official final data showed amid growing concern over Europe’s deflation risk. That compared with 0.5-percent inflation in February.
The cost of living rose by 0.1 percent from the February level, the Istat data agency said, adding that the slowdown was due to prices decreases for energy and food. The definitive figures confirmed preliminary ones.
Excluding unprocessed food and energy, core inflation was 0.9 percent — 0.1 points lower than in February. AFP
