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Italy’s preliminary Consumer Price Index (CPI) for November has shown a year-on-year increase of 1.2%, slightly below the expected rise of 1.3%. This figure matches the previous month’s inflation rate, indicating a stabilization in consumer prices. The Harmonized Index of Consumer Prices (HICP), which is crucial for comparing inflation across European Union member states, recorded
A recent survey conducted by the European Central Bank (ECB) indicates a slight uptick in inflation expectations among consumers for the coming year. The data reveals that while perceptions of inflation over the past year remain stable at 3.1%, expectations for the next 12 months have risen marginally to 2.8%, up from the previous figure
Italy’s economy showed a slight improvement in the third quarter of 2023, with the final GDP growth rate revised to +0.1% quarter-on-quarter, up from the preliminary estimate of +0.0%. This marks a recovery from the previous quarter’s contraction of -0.1%. Year-on-year, the GDP growth also exceeded expectations, coming in at +0.6%, compared to the anticipated