Canada's Consumer Price Index (CPI) rose 6.9 per cent in September on a year-over-year basis, decelerating from 7 per cent in August, Statistics Canada has said.
Italy's consumer price index climbed a record-setting 6.8 per cent year-on-year in May, the highest since 1990, data published by the National Institute of Statistics (ISTAT) revealed.
Reuters poll of 45 economists shows CPI for June is likely to come in at 7.1%; Excise cuts on fuel, duty cuts on other items may have helped cool down inflation
Retail headline inflation in March 2020 fell to a four-month low of 5.9 per cent, 0.7 per cent lower from a month ago and 3.1 per cent higher than the corresponding month a year ago
It said that the maximum downward pressure to the change in current index came from food group contributing (-) 2.37 percentage points to the total change