Growth reviewed downward, reports Confcommercio

(AGI) Rome, June 30 - Confcommercio's study centre (UfficioStudi Confcommercio) has commented on inflation estimatespublished on Monday by the National Statistics Office (ISTAT)saying, "Growth has been reviewed downwards once again for the10th month in a row, with inflation below 1 percent, indicatingthat the past year has had the lowest inflation in the last 50years. This causes concern if one considers that inflation isvanishing in spite of VAT having been increased in October2013." . .

(AGI) Rome, June 30 - Confcommercio's study centre (UfficioStudi Confcommercio) has commented on inflation estimatespublished on Monday by the National Statistics Office (ISTAT)saying, "Growth has been reviewed downwards once again for the10th month in a row, with inflation below 1 percent, indicatingthat the past year has had the lowest inflation in the last 50years. This causes concern if one considers that inflation isvanishing in spite of VAT having been increased in October2013." . .