Italy's annual inflation rate lowest in 32 months

ROME, Nov. 30 (Xinhua) -- The annual inflation rate in Italy fell to 0.8 percent in November 2023, the lowest recorded value since March 2021, according to government data.

In November, the Italian national consumer price index for the entire collectivity, including tobacco products, recorded a decrease of 0.4 percent on a monthly basis and an increase of 0.8 percent on an annual basis. This was down from 1.7 percent in October, said ISTAT, the country's national statistics institute.