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Italy's annual inflation rate down to 2.8% in July - provisional data

By ANSA

(ANSA) - ROME, JUL 31 - Italy's annual inflation rate fell to 2.8% in July from 3% in June, according to provisional data released by Istat on Friday. "The slight slowdown in inflation reflects the price dynamics of unprocessed food (from +4.4% to +3.8%), of non-regulated energy products (from +13.3% to +10.6%) and of miscellaneous services (from +2.5% to +1.8%)," the national statistics agency said. Istat said its consumer price index was up by 0.2% in month-on-month terms. (ANSA). Read arti...