Rome

Italian industrial producer prices down 0.1% in March

Deflation for first time since December 2009

Italian industrial producer prices down 0.1% in March

Rome, May 2 - Italian industrial producer prices actual fell in March compared to the same month in 2012, Istat said on Thursday with the latest data showing how hard the recession is biting. The national statistics agency said its producer prices index were 0.1% lower in March with respect to a year ago, the first case of what is technically called deflation since December 2009. March prices were flat with respect to February this year.

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