Istat, inflation drops to +7.6% in May, as in March

In May, inflation starts to fall again, returning, after the rise recorded in April, to the level of March 2023 (+7.6%). The slowdown still appears to be strongly influenced by the dynamics of energy goods prices. In the food sector, the prices of processed products show an attenuation of their growth on an annual basis, which contributes to the deceleration of core inflation (which fell to +6%). Lastly, the phase of slowdown in the trend growth of shopping cart prices continues, which was +11.2% in May. The Istat communicates it.