Inflation Slows to Lowest Level Since 2021, Latest PCE Report Shows

In November, the price index grew by only 0.8%, making the shopping cart lighter. The governor of Bankitalia at the ECB: 'The squeeze must not be prolonged'

Italy's annual inflation rate lowest in 32 months

ROME, Nov. 30 (Xinhua) -- The annual inflation rate in Italy fell to 0.8 percent in November 2023, the lowest recorded value since March 2021, according to government data. Read full story

Inflation Slows to Lowest Level Since 2021, Latest PCE Report Shows

The Personal Consumption Expenditures Index is one of the Federal Reserve’s most closely-watched gauges of inflation. Markets are betting the data makes rate cuts more likely in 2024. Dion Rabouin unpacks the figures. Illustration: Rami Abukalam

Price increases continue to fall and have fallen by 0.5 points since last month.

According to preliminary data from ISTAT, in November in Italy, inflation fell to the lowest levels since March 2021: inflation was negative on

A year ago, inflation was 10.1 percent. According to Eurostat, it is now just 2.4 percent. What are the food prices like?