(Adds details)
April 17 (Reuters) - Italy's inflation rate fell again
in March thanks to a decline in energy prices, while core
inflation stabilised after rising constantly since last year,
official data showed on Monday.
Italian EU-harmonised consumer prices (HICP) rose by 8.1% in
March on a yearly basis, compared with 9.8% in February,
national statistics agency ISTAT said.
On a monthly basis, prices were up 0.8% in March, compared
with a 0.1% increase in February, mainly due to the end of the
winter sales season on clothing and footwear, the agency said.
"Despite persistent upward price pressures for services and
processed foods, we see signals of an end to the acceleration of
prices reported across various sectors of the index over the
last few months," ISTAT said.
In March, core inflation, which excludes volatile prices
such as food and energy, eased to a yearly rate of increase of
6.8%, from 7% in February
The main domestic price index (NIC) fell 0.4% on the month
and increased 7.6% annually, compared with a 9.1% annual rise in
February.
(Reporting by Alberto Chiumento and Luca Fratangelo
Editing by Alvise Armellini and Mark Potter)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.