• Italian preliminary CPI rose more than expected in June

Market news

28 June 2018

Italian preliminary CPI rose more than expected in June

In June 2018, according to preliminary estimates, the Italian consumer price index for the whole nation (NIC) increased by 0.3% on monthly basis and by 1.4% compared with June 2017 (+1.0% in May 2018).

The acceleration of the growth on annual basis of All items index was mainly due to prices of Non-regulated energy products (from +5.3% to +9.4%), of both Processed and Unprocessed food (respectively from +1.7% to 2.4% and from +2.4% in May to +3.4%) and to prices of Services related to transport (from +1.7% to +2.9%).

Inflation excluding energy and unprocessed food (core inflation) was +0.9% and inflation excluding energy was +1.2% (both accelerated from +0.8% in May).

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