• Italian CPI lower than expected in June

Notícias do Mercado

17 julho 2018

Italian CPI lower than expected in June

In June 2018, the Italian consumer price index increased by 0.2% on monthly basis and by 1.3% compared with June 2017 (+1.0% in May 2018). The flash estimate was +1.4%.

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%) and, to a lesser extent, of Unprocessed food (+2.4% in May to +3.4%) and of Services related to transport (from +1.7% to +2.9%).

As a consequence, inflation excluding energy and unprocessed food (core inflation) was +0.8% (as in the previous month) and inflation excluding energy was +1.0% (from +0.8% in May).

The increase on monthly basis of All items index was mainly due to the rises of prices of Non-regulated energy products (+2.3%) and of Services related to transport (+2.2).

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