Italy's consumer price inflation moderated slightly as initially estimated in August to the lowest level in eight months amid falling energy costs, the latest data from the statistical office showed on Tuesday.
Consumer price inflation slowed to 1.6 percent from 1.7 percent in July. That was in line with the flash data published on August 29.
Moreover, this was the weakest inflation since December 2024, when prices rose 1.4 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.