As every year, Istat updates the list of products included in the consumer price index basket. The update takes into account the novelty emerged in the household spending habits and enriches, in some cases, the range of products which represent consolidated consumption.
In 2016 the update of the basket also reflects the consequences of the introduction of the new classification ECOICOP (European Classification of Individual Consumption by Purpose).
The 2016 basket for the Italian consumer price indices for the whole nation (NIC) and for blue and white-collar households (FOI) is made up of 1,476 elementary products (1,447 in 2015), which are grouped into 901 products and 400 aggregates.
The 2016 basket for the Italian harmonized index of consumer prices (HICP) is made up of 1,484 elementary products (1,457 in 2015), grouped into 906 products and 404 aggregates.
Compared with 2015, vegetable drinks, men’s short pants for men, leggings for baby girl, LED bulbs, dusting cloths, telephony/internet/television packages, university lodgings, tattoos have been included in the basket for the first time. Second-hand motor cars integrates new motor cars whereas drills enriches the set of products in the consumption segment motorized major tools and equipment for house and gardens. The product bunks and wagon lit has been dropped from the basket.
Next release: February 2017