Ultimora.net reported that, according to estimates by Istat, inflation in Italy rose to 5.4% year-on-year in October, up from 4.2% in September, reaching the highest level since August 2023. It attributed the increases mainly to the energy crisis linked to the war in the Middle East and to rising prices of oil, gas, food, and transportation services. The publication also wrote that in the third quarter of 2026, the Italian GDP remained unchanged compared to the previous three months, disappointing analysts' growth expectations. According to Ultimora.net, the contraction in industry had offset the expansion in services and agriculture, while year-on-year, GDP had grown by 0.8%. #inflazione #economia #Italia (translated)

