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Press release

Consumer price indices

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As every year, Istat reviewed the list of items included in the consumer price index basket. The update takes into account the novelties of the household spending patterns and enriches, in some cases, the range of products which represent consolidated consumption.

The 2017 basket for the Italian consumer price indices for the whole nation (NIC) and for blue and white-collar households (FOI) is made up of 1,481 elementary products (1,476 in 2016), which are grouped into 920 products and 405 aggregates.

The 2017 basket for the Italian harmonized index of consumer prices (HICP) is made up of 1,498 elementary products (1,484 in 2016), grouped into 923 products and 409 aggregates

Compared with 2016, preparations of meat to be cooked, preparations of vegetables and/or vegan products, blended fruits and vegetables consumed at the bar, craft beer, smartwatch, soundbar, wrist devices for sports activities, action camera,
inkjet cartridges, dryers, centrifuges, housing Insurance Services have been included in the basket for the first time.

In 2017, Preparations of meat to be cooked, Preparations of vegetable and/or vegan products, Blended fruits and vegetables consumed at the bar, Craft beer, Smartwatch, Wrist devices for sports activities, Soundbar, Action camera, Inkjet Cartridge, Dryers, Centrifuges and Housing Insurance Services have been included. The product Traditional Video Cameras has been removed from the basket.

Reference period: Year 2017

Date of Issue: 03 February 2017

Next release: February 2018

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