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Consumer prices (provisional)
The Consumer Price Index measures the change in prices over time of a set of goods andservices (CPI basket) representative of Italian household consumption.
Istat estimates that in September 2011:
• the National Consumer Price Index for the whole nation CPI (see Italian NIC) – used to
measure inflation over the entire Italian economic system – rose by 0.1% compared to the
previous month and by 3.1% 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 – rose by 1.9% compared to
the previous month and by 3.5% in comparison to the same month of the previous year.