Italy's annual inflation rate was 1.1% in August, down from 1.3% in July, Istat said on Monday, confirming its preliminary estimate. The national statistics agency said the drop was driven by a decrease in the prices of non-regulated energy products, which went from -6.0% to -8.6%. It said its consumer-price index was 0.2% with respect to July. In August 2024, core inflation (excluding energy and unprocessed food) was stable at 1.9%, Istat said. Source: Ansa News Agency