[ Italiano ]
Press release

Consumer prices (provisional data)

  • Ascolta questa pagina usando ReadSpeaker
  • Condividi
  • Lascia un feedback

In September 2017, according to preliminary estimates, the Italian consumer price index for the whole nation (NIC) decreased by 0.3% on monthly basis and increased by 1.1% compared with September 2016 (it was +1.2% in August 2017).

In September, the slightly lower growth of All items index was mainly due to the slowdown of growth of prices of both Services related to transport (+2.7%, from +4.4% in August) and Regulated energy products (+2.9%, from +5.0% in the previous month), partially offset by the increase of prices of Unprocessed food (+2.2%, from +0.7% in August).

Excluding energy and unprocessed food, core inflation was +0.7% (0.3 percentage points lower than in August) and inflation excluding energy was +0.9% (as in the previous month).

The decrease on monthly basis of All items index was especially due to prices of Services related to transport (-4.6%) and also to Services related to recreation, including repair and
personal care (-0.8%). Both of them were affected by seasonal factors.

The annual rate of change of prices of Goods was +1.0% (as in August) and that one of prices of Services was +1.3% (down from +1.6%). As a consequence, the inflationary gap between Services and Goods was still positive and equal to +0.3 percentage points.

Prices of Grocery and unprocessed food increased by 0.5% on monthly basis and by 1.2% on annual basis (up from +0.6% in the previous month).

In September 2017, according to preliminary estimates, the rate of change of Italian harmonized index of consumer prices (HICP) was +1.8% compared with the previous month and 1.3% with respect to September 2016 (it was +1.4% in the previous month). The increase on monthly basis was mainly due to the end of the summer sales of Clothing and footwear (+32.5% compared with August 2017), which are not taken into account in the national index NIC.

In September core inflation, measured by Italian HICP, was +0.9% (down from 1.1%
in August). Also inflation excluding energy, food, alcohol and tobacco decelerated (+1.1% down from +1.2% in August) while inflation excluding Energy was stable (+1.1%, as in the previous month).

Reference period: September 2017

Date of Issue: 29 September 2017

Next release: 13 October 2017

Downloads

Contacts

Media relations office
ph. +39 06 4673.2243-4
Media contact center
ufficiostampa@istat.it

Contact centre
ph. +39 06 4673.3102
contact centre