Registering its highest levels since 1984 .. inflation in Italy rises to 11.8%

Registering its highest levels since 1984 .. inflation in Italy rises to 11.8%

The annual incubation rate in Italy increased to 11. 8% last October, compared to 8. 9% in September, to reach its highest level since March 1984, according to the data of the National Statistical Office (Eastat).
The Italian News Agency (ANSA) stated that the Statistics Office modified the percentage of reduction, after the initial estimates of inflation 11. 9%.
(Eastat) pointed out that the consumer price index increased by 3. 4 % on a monthly basis.

He said that the commodity basket index, which is purchased repeatedly, such as food and home commodities, rose 12. 6 % in October, which is the highest increase on an annual basis since it reached 13 % in June 1983..

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