Consumer prices

The Consumer Price Index measures the change in prices over time of a set of goods and
services (CPI basket) representative of Italian household consumption.

In May 2012:

• the National Consumer Price Index for the whole nation CPI (see Italian NIC) - used tomeasure inflation over the entire Italian economic system - held steady compared to the previous month and rose by 3.2% in comparison to the same month of the previous year;

• the EU Harmonized Index of Consumer Prices HICP (see Italian IPCA) - developed to facilitate the comparison of inflation between Member States - held steady compared to the previous month and rose by 3.5% in comparison to the same month of the previous year;

• the EU Harmonized Index of Consumer Prices at Constant Tax rates HICP-CT (see Italian IPCA-TC) held steady compared to the previous month and rose by 2.5% in comparison to the same month of the previous year.

tags:

consumptions, CPI, HICP, inflation, price consumer prices, statistics flash

theme:

Prices

document typology:

Press release