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- Italian consumer price index was stable on monthly basis and increased by 1.6% with respect to October 2017
Italian consumer price index was stable on monthly basis and increased by 1.6% with respect to October 2017
According to preliminary estimates, in October 2018 the Italian consumer price index for the whole nation (NIC) was stable on monthly basis and increased by 1.6% with respect to October 2017, up from +1.4% in September 2018.
The acceleration of inflation was mainly due to prices of Regulated energy products (from +5.6% in September to +9.3%) and of Services – miscellaneous (from +0.5% to +2.3%) only partially offset by prices of Unprocessed food and of Services related to transport that slowed their growth respectively from +2.4% to +0.8% and from +2.5% to +1.9%.
Excluding energy and unprocessed food, core inflation was +0.8% (up from +0.7% in September) and inflation excluding energy was +0.9% (as in the previous month).
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