In November 2014, the Italian consumer price index for the whole nation (NIC) declined by 0.2% compared with the previous month and rose by 0.2% with respect to November 2013 (0.1 higher than in October 2014). The flash estimate was confirmed.<\/p>\n
The inflation registered a speed-up which was mainly due to the reversal of trend of Unprocessed food prices (+0.8%, from -0.2% in October 2014); to a lesser extent, contributions derived from other product typologies. This dynamics was partially offset by the widening of the annual decrease of prices of\u00a0 Non-regulated energy products (-3.1%, from -2.2% in the previous month).<\/p>\n
Excluding unprocessed food and energy, core inflation was stable at 0.5% whereas, excluding energy, the inflation was 0.6%, up from 0.4% in October 2014.<\/p>\n
The decline on monthly basis of All items index was mainly due to the decrease of prices of Non-regulated energy products (-2.3%) and to the decline of prices \u2013 on which seasonal factors had an impact \u2013 of Services related to transport (-1.1%) and Services related to recreation, including repair and personal care (-0.8%). This decline was partially balanced by the monthly increases of prices of Fresh vegetables (+8.0%), Fresh fruit (+2.4%) and Services related to communication (+1.5%).<\/p>\n
The annual rate of change of prices of Goods was -0.4% (from -0.3% observed in October 2014) and the annual rate of change of prices of Services was 0.9%, up from 0.7% registered in the previous month. As a consequence, the inflationary gap between Services and Goods increased by 0.3 percentage points with respect to October 2014.<\/p>\n
Prices of Grocery and unprocessed food rose by 0.5% on monthly basis and by 0.4% on annual basis (up from +0.1% in the previous month).<\/p>\n
In November 2014, the Italian harmonized index of consumer prices (HICP) declined by 0.2% compared with the previous month and rose by 0.3% with respect to November 2013 (the flash estimate was +0.2%), showing an increase of 0.1 percentage points in the annual growth rate observed in October 2014 (+0.2%).<\/p>\n
Core inflation measured by Italian HICP was stable at 0.5% and the inflation calculated excluding energy, food, alcohol and tobacco was stable at 0.6%. Excluding energy, the inflation rose to 0.6% (from 0.4% in the previous month) instead.<\/p>\n
In November 2014, the Italian harmonized index of consumer prices at constant tax rates (HICP-CT) declined by 0.3% compared with October 2014 and rose by 0.3% with respect to November 2013 (as the HICP). Therefore, as in October 2014, the difference between HICP and HICP-CT growth rates \u2013 which incorporates the effects of changes in indirect taxes, occurred in the last twelve months \u2013 was zero. It should be noted that the difference between HICP and HICP-CT growth rates represents the upper limit of the impact of changes in indirect taxes occurred in the last twelve months on HICP, assuming their full and instantaneous pass-through on prices paid by consumers.<\/p>\n","protected":false},"excerpt":{"rendered":"
In November 2014, the Italian consumer price index for the whole nation (NIC) declined by 0.2% compared with the previous month and rose by 0.2% […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3563,3186,3270,3264,3256,3468,2968],"regione":[],"tema":[4039],"class_list":["post-20256","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-consumer-prices","tag-consumptions","tag-cpi","tag-hicp","tag-inflation","tag-price","tag-flash","tema-prices"],"meta_fields":{"data_pubblicazione":"20141212","descrizioneperiodo":"November 2014","titolobreve":"Consumer prices","news":"In November the CPI decreased by 0.2% on October and rose by 0.2 on annual basis","news_rss":"In November 2014, the Italian consumer price index for the whole nation (NIC) declined by 0.2% compared with the previous month and rose by 0.2% with respect to November 2013 (0.1 higher than in October 2014). The flash estimate was confirmed.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3563,"label":"consumer prices","slug":"consumer-prices"},{"id":3186,"label":"consumptions","slug":"consumptions"},{"id":3270,"label":"CPI","slug":"cpi"},{"id":3264,"label":"HICP","slug":"hicp"},{"id":3256,"label":"inflation","slug":"inflation"},{"id":3468,"label":"price","slug":"price"},{"id":2968,"label":"statistics flash","slug":"flash"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/20256","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=20256"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/20256\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=20256"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=20256"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=20256"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=20256"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=20256"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}