DATA SNAP:Italy Oct Prelim CPI Rose To 4-Mo High;+0.3% On Yr
Fri, Oct 30 2009, 10:21 GMT
http://www.djnewswires.com/eu
By Liam Moloney and Chiara Vasarri Of DOW JONES NEWSWIRES
ROME (Dow Jones)--Italian consumer prices rose in October on the year earlier at the fastest pace in four months, as prices of alcoholic beverages, tobacco and education increased, preliminary data from statistics office Istat showed Friday.
Consumer prices in Europe's fourth-largest economy rose by an annual 0.3% in October from a 0.2% annual increase in September. The rate in October is the highest since a price climb of 0.5% in June.
On a monthly basis, Italian consumer prices were up 0.1% in October, after falling 0.2% in September, Istat said.
The core annual inflation rate, which strips out volatile food and energy prices, rose 1.3% in October.
Italy's European Union-harmonized consumer price index rose by 0.4% in October on the year earlier and by 0.5% on the month earlier, Istat said.
Istat Web site: www.istat.it
-By Chiara Vasarri and Liam Moloney, Dow Jones Newswires; +39 0669766923; chiara.vasarri@dowjones.com
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(END) Dow Jones Newswires
October 30, 2009 06:21 ET (10:21 GMT)
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