According to the report from Istat, in April 2021 the rate of change of Italian consumer price index for the whole nation (NIC) was +0.4% on monthly basis and +1.1% on annual basis (from +0.8% in March), confirming the flash estimate.

The speed-up of All-item index was mainly due to that of prices of Energy (from +0.4% in March to +9.8%) and specifically to prices of both Regulated (from -2.2% to +16.8%) and Non-regulated energy products (from +1.7% to +6.6%); this dynamics was only partially offset by the trend reversal of prices of Unprocessed food (from + 1.0% to -0.3%) and of Services related to transport (from + 2.2% to -0.7%).

Both core inflation (excluding energy and unprocessed food) and inflation excluding energy were +0.3% (down from +0.8% in the previous month).

The increase on monthly basis was mainly due to the prices of Regulated energy products (+3.6%), of Services related to recreation, including repair and personal care (+1.4%), of Non-regulated energy products and of Food including alcohol (both +1.0%), only partially offset by the decrease of prices of Services related to transport (-1.2%).

In April 2021 the rate of change of the Italian harmonized index of consumer prices (HICP) was +0.9% on monthly basis and +1.0% on annual basis (from +0.6% in March), confirming the flash estimate.