In February 2013, Italian consumer price index for the whole nation (NIC) increased by 0.1% compared with the previous month and by 1.9% with respect to February 2012 (0.3 lowerthan in January 2013). Final data confirm provisional estimates.
The fifth consecutive Italian inflation slowdown is partially due to the annual growth ratedecrease of prices of Food and non-alcoholic beverages (2.4%, from 3.1% in January).
Also Communication had a downward impact effect on inflation. The main cause is the large decrease of Wireless telephone services (-7.0% compared with the previous month, -7.9 with respect to February 2012).
Italian core inflation, calculated excluding energy and unprocessed food, was 1.5%, downfrom 1.7% in January.
Italian consumer price index, excluding energy, increased by 1.5% with respect to February2012 (0.3 lower than in January).
In February 2013, Italian harmonized index of consumer prices (HICP) decreased by 0.2% compared with the previous month and rose by 2.0% with respect to February 2012 (0.4 lower than in January 2013). Also in this case, final data confirm preliminary ones.
The further decrease on monthly basis, was mainly due, as in January, to the clothing and footwear winter sales dynamics, which are not taken into account in the national index NIC.
Core inflation measured by Italian HICP was 1.4%, down from 1.8% in January.
Italian harmonized index of consumer prices, excluding energy, increase by 1.6% with respect to February 2012 ( 0.4 lower than January).
In February 2013, the Italian harmonized index of consumer prices at constant tax rates (HICP-CT) decreased by 0.2% compared with the previous month and rose by 1.9% with respect to February 2012.
Note: On April 5, 2013, at 12,05 hrs., the full text of this press release has been replaced due to the revision of some NIC and HICP indices. In particular, the revision concerns data relating to the Recreation and culture division and to the Non-durable goods aggregate. Revised data are highlighted in the text.
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