Italian inflation rates remain high
Rome - SPA
Italy's ravaged economy continues to suffer under high inflation rates, according to data released Friday. Istat, the Italian statistics agency, released second estimate figures showing year-on-year inflation staying at 3.6 per cent for July, unchanged from the month before. The first estimate had come in at 3.7 per cent. Month-on-month rates showed a drop of 1.7 per cent. Consumer price inflation was also on the rise for July, with data showing prices 3.1 per cent higher than in July 2011. But that was a decrease from June, when the annual data came in at 3.3 per cent. The European Central Bank strives for an inflation rate of 2 per cent in Europe.
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Buenos Aires - AFP
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Beirut - NNA
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Paris - Al Maghrib Today
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Moscow - AFP
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Paris - Al Maghrib Today
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Paris - Al Maghrib Today
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