Friday, August 31, 2007

Italian August Consumer Price Inflation In Line With Expectations

Aug 31, 2007 - Italian consumer prices rose 0.2% month-on-month in August, the statistical office ISTAT said Friday in a preliminary report. On a yearly basis, consumer prices grew 1.6% during the month.

Prices of food and non-alcoholic beverages were up 2.4% from the prior year, while clothing and footwear prices climbed 1.3%.

The harmonized consumer price index computed for EU purposes dipped 0.2% monthly, while annually the gauge was up 1.7%.

All the numbers were in line with economists' expectations.

No comments:

Google