 Podium Rinaldo is the original name of Perinaldo; a corruption of these Latin words.Podium Rinaldo→
English— Podium of Rinaldo

The economy for many centuries was primarily based on agriculture( olive oil mainly).After Italy's industrialization and investments in the southern Italian agricultural sector (more than the north's), this village lost attractiveness to farmers (who looked for better opportunities- in the booming cities of Milan, Turin, Genoa and Rome).