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Press release

Consumer prices

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  • In June 2013, the Italian consumer price index for the whole nation (NIC) increased by 0.3% compared with the previous month and by 1.2% with respect to June 2012 (0.1 higher than in May 2013). The final data confirmed the provisional ones.The slight speed up of the Italian inflation was mainly due to the upward impact of Transport (+1.0% on annual basis, from +0.1% observed in the previous month).

    The increase on monthly basis of All items index was due in particular to the increases of prices of Food and non-alcoholic beverages, Transport (for both +0.6%) and  Recreation and culture (+0.4%).

    With regard to Food and non-alcoholic beverages, the main cause was the large increase of Fresh Fruit prices (+6.9% both compared with the previous month and with respect to June 2012).
    Concerning Transport, the upward impact effect was mainly due to the increase of prices of Passenger transport by air (+5.7% on monthly basis; +16.1% on annual basis, from +14.2% observed in May) and of Passenger Transport by sea and inland waterway (+13.1% compared with the previous month; -1.9% on annual basis, from -3.0% observed in May), on which seasonal factors had in part an impact. In the same division, Fuels and lubricants also had an upward impact due to an increase with respect to the previous month (+0.6%) that brought to -2.0% the rate of change on annual basis from -5.3% of May 2013.

    Italian core inflation, calculated excluding energy and unprocessed food, was 1.2%, down from 1.3% in May.

    Italian consumer price index, excluding energy, increased by 1.3% with respect to June 2012 (0.2 lower than in May).

  • In June 2013, the Italian harmonized index of consumer prices (HICP) increased by 0.3% compared with the previous month and by 1.4% with respect to June 2012 (0.1 higher than in May 2013). Also in this case, preliminary data were confirmed.
    Core inflation measured by Italian HICP was 1.2%, down from 1.4% in May.Italian harmonized index of consumer prices, excluding energy, increased by 1.5% with respect to June 2012 (0.1 lower than in May).
  • In June 2013, the Italian harmonized index of consumer prices at constant tax rates (HICP-CT) increased by 0.3% compared with the previous month and by 1.2% with respect to June 2012.

Note: On August 7, 2013, at 14,10, the Press release “Consumer Prices – final data of June 2013,” has been replaced as a result of the revision of HICP-CT All items index. In particular, the revision concerns the values of the index of June 2012 and, consequently the rates of change of June and July 2012 and of June 2013. Revised data are flagged in the Table 3 of the Press release and in the Table 8 of the Time Series – Serie Storiche (xlsx.file) attached to the Italian version of the Press release downloadable in the web page http://www.istat.it/it/archivio/95553.

Reference period: June 2013

Date of Issue: 12 July 2013

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