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Italy's Inflation Steady At 3.8% In April

Inflation in Italy, as measured by the harmonized index of consumer prices (HICP), remained unchanged at 3.8 percent in April, preliminary data from the statistical office Istat showed Monday.

The HICP rose 3.8 percent year-on-year in April, at the same pace as in the previous month. On a monthly basis , the index rose 0.9 percent following 2.5 percent rise in March.

Inflation, as per the consumer price index, was also unchanged in April, at 3.3 percent. Month-on-month, CPI inflation was steady at 0.5 percent.

by RTT Staff Writer

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