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Press release

Consumer prices

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  • In January 2013, the Italian consumer price index for the whole nation (NIC) increased by 0.2% compared with the previous month and by 2.2% with respect to January 2012 (0.1 lower than in December 2012). Final data confirm provisional estimates.
  • The fourth consecutive Italian inflation slowdown is mainly due to the annual growth rates decrease of prices of Housing, water, electricity, gas and other fuels (+4.9%, from 6.4% in December) and of Transport (+3.1%, from +4.6% in December). These slowdowns are also produced by the comparison with January 2012 when large increases of energetic goods prices were recorded.
    Food and non-alcoholic beverages had an upward impact effect on inflation. The main cause is the large increase of Fresh Vegetables prices (+9.2% compared with the previous month, +13,1% with respect to January 2012).
  • The Italian harmonized index of consumer prices (HICP) decreased by 2.0% compared with the previous month and rose by 2.4% with respect to January 2012 (0.2 lower than in December 2012). Also in this case, final data confirm preliminary ones.
    The large decrease on monthly basis was mainly due to the winter sales of Clothing and footwear (-21.7% compared with December 2012), which are not taken into account in the national index NIC.
  • In January 2013, the Italian harmonized index of consumer prices at constant tax rates (HICP-CT) decreased by 2.0% compared with the previous month and rose by 2.2% with respect to January 2012.

Note: At 6:30 p.m. on February 22, 2013, the “Consumer Prices Press release – January 2013 final data” has been replaced for the revision of HICP-CT data.

Reference period: January 2013

Date of Issue: 22 February 2013

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