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Press release

Consumer prices: provisional data

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The Consumer Price Index measures the change in prices over time of a set of goods and services (CPI basket) representative of Italian household consumption.

Istat estimates that in May 2012:
the National Consumer Price Index for the whole nation CPI (see Italian NIC) – used to measure inflation over the entire Italian economic system – held steady compared to the previous month and rose by 3.2% in comparison to the same month of the previous year;

the EU Harmonized Index of Consumer Prices HICP (see Italian IPCA) – developed to facilitate the comparison of inflation between Member States – held steady compared to the previous month and rose by 3.5% in comparison to the same month of the previous year.

Reference period: May 2012

Date of Issue: 31 May 2012

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