According to preliminary estimates, in August 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was +0.4% on monthly basis and +5.5% on annual basis (from +5.9% in July). The slow down of the annual inflation rate was due to the prices of Non-regulated energy products (from +7.0% to +5.7%), of Services related to recreation, including repair and personal care (from +6.6% to +5.9%), of Unprocessed food (from +10.4% to +9.2%), of Services related to transport (from +2.4% to +1.2%), of Durable goods (from +5.4% to +4.6%) and, to a lesser extent, of Processed food including alcohol ... (full story)