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Italy ended 2022 with record-high inflation rate: Report

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Image Credit: xinhua

Prices in Italy rose to record levels in 2022, the government's statistics entity ISTAT said. For the year as a whole, prices were an average of 8.1 per cent higher than a year earlier, the highest level in Italy since the introduction of the euro currency in 1999, reports Xinhua news agency. In 2021, the year-on-year increase was just 1.9 per cent.