Italian Prices Show Greater Flexibility Amid Recession, Impacting Consumers and Businesses.
Prices in Italy have been changing more frequently and by larger amounts in recent years due to economic challenges. This is especially true for price decreases, which have become more common and significant. The increase in price flexibility is partly due to changes in how products are distributed. During the recession, prices for manufactured goods have seen bigger cuts and less frequent increases, while service prices have increased less often and by smaller amounts.