Italy’s annual inflation reaches 5.4% in October
Economy · First reported 30 Oct, 10:27 · Updated 10:57
Italy’s preliminary annual inflation estimate rose from 4.2% in September to 5.4% in October, with energy prices the main driver. The reporting also places the figure against wider eurozone economic data and concerns about inflation alongside uneven growth.
- Istat’s preliminary estimate put Italy’s annual inflation at 5.4% in October, up from 4.2% in September and the highest since August 2023.
- Energy prices were the main contributor; Istat reported that the consumer price index rose 0.9% month on month.
- Euronews reported euro-area GDP growth of 0.4% in the third quarter and described growth as uneven across countries, alongside inflation concerns.
Summary written by Lux AI from 3 articles
Key facts
- Italy annual inflation, October
- 5.4%, preliminary estimate
- Italy annual inflation, September
- 4.2%
- Monthly consumer price index change
- +0.9%
- Euro-area GDP growth, third quarter
- +0.4%
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