Consumer prices: provisional data
In September 2013, according to provisional estimates, the Italian consumer price index for the whole nation (NIC) decreased by 0.3% compared with the previous month and rose by 0.9% with respect to September 2012 (0.3 lower than in August 2013).
The slowdown in the Italian inflation was mainly due to the slowdown of annual dynamics of prices of Transport and of Food and non-alcoholic beverages and to the decrease on annual basis of prices of Communication.
The fall on monthly basis of All items index was due to the decreases of prices of Transport
(-2.5% compared with August 2013), of Communication (-1,4% with respect to the previous month), of Recreation and culture and Food an non-alcoholic beverages (respectively -0.5% and -0.2% on monthly basis).
With regard to Transport, the main causes were the large decreases of prices of Passenger
transport by air (-28.1% on monthly basis; +23.5% on annual basis) and of Passenger Transport by sea and inland waterway (-39.0% compared with the previous month; -10.0% on annual basis), on which seasonal factors had an impact. In the same division, prices of Fuels and lubricants increased by 1.1% on monthly basis; nevertheless, the annual rate of change was negative (-4.4%), owing to the comparison with September 2012, when the monthly rate of change was higher (+3.7%).
Concerning Food and non-alcoholic beverages, the main cause was the large decrease, due
mainly to seasonal factors, of prices of Fresh fruit (-4.6% compared with the previous month; +5.4% with respect to September 2012, from +9.9% observed in the previous month).
The highest increases on monthly basis were registered for prices of Restaurant and hotels
(+1.4%) and of Education (+0.9%). With regards to the latter, the causes were the rises of
prices of pre-primary, primary and secondary education.
In September 2013, according to preliminary estimates, the Italian harmonized index of
consumer prices (HICP) rose by 1.8% compared with the previous month and by 0.9% with respect to September 2012 (0.3 lower than in August 2013).
The large increase on monthly basis was mainly due to the end of clothing and footwear
summer sales, which are not taken into account in the national index NIC.