Consumer prices fell 0.2% in 2020 - ISTAT

Only third time on record prices down for whole year

(ANSA) - ROME, JAN 18 - ISTAT said Monday that consumer prices fell by 0.2% last year.
    "In 2020, the average annual rate of change of consumer prices, measured by NIC, was -0.2% (+0.6% in 2019)," the national statistics agency said.
    "Core inflation, excluding energy and unprocessed food, was +0.5% (the same as in 2019) and inflation excluding energy was +0.7% (from +0.6% in 2019)".
    ISTAT said it was only the third time on record that prices for the whole year were down after 1959 (-0.4%) and 2016 (-0.1%).


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