Italy’s inflation slowed, business sentiment improved in 2023 ...Middle East

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Rome : Italy’s economy appears to have ended 2023 on a mostly positive note, with inflation continuing to slow, and consumer and business confidence on the rise, according to the latest data issued by the National Statistics Institute (ISTAT). ISTAT said Friday that provision calculations of prices in the country showed a 0.6 pe rcent increase compared to the same period a year earlier, reports Xinhua news agency. For the full year, prices were on average 5.7 per cent higher than in 2022. Energy prices had a smaller impact, climbing by an average of 5.1 per cent year-on-year. In her year-end address last week, Prime Minister Giorgia Meloni said she believed the Italian economy would outgrow

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