Italy's annual inflation rate fell to
1.8% in October, down from 5.3% in September, according to
provisional data released by Istat on Tuesday.
It had not been this low since July 2021.
The national statistics agency said the fall in the annual
inflation rate was due to the prices of non-regulated energy
products going from +7.6% to -17.7%, regulated energy products
going from -27.9% to -32.7%, unprocessed food going from +7.7%
to +5.0% and processed food including alcohol going from +8.9%
to +7.4%.
The national statistics agency said its consumer price index
fell by 0.1% in month-on-month terms.
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