In July 2018, according to preliminary estimates, the Italian consumer price index for the whole nation (NIC) increased by 0.3% on monthly basis and by 1.5% compared with July 2017 (+1.3% in June 2018).<\/p>\n
The acceleration of the growth on annual basis of All items index was mainly due to prices of Regulated energy products (from -1.2% to +5.3%). The slowdown of prices of Services related to transport (from +2.9% of the previous month to +1.7%) mitigated this acceleration.<\/p>\n
Inflation excluding energy and unprocessed food (core inflation) was +0.7% and inflation excluding energy was +0.9% (both in deceleration respectively from +0.8% and +1.0%).<\/p>\n
The increase on monthly basis of All items index was mainly due to the rises of prices of Regulated energy products (+5.9%) and, to a lesser extent, of Services related to recreation, including repair and personal care (+0.9%) only partially offset by the decrease of prices of Unprocessed food (-1.8%).<\/p>\n
The annual rate of change of prices of Goods was +2.1% (up from +1.5% in June) and that one of prices of Services was +0.9% (from +1.0% in the previous month). Therefore the inflationary gap between Services and Goods was still negative and equal to -1.2 percentage points (-0.5 in June).<\/p>\n
Prices of Grocery and unprocessed food decreased by 0.5% on monthly basis and increased by 2.3% on annual basis (up from +2.2% in the previous month).<\/p>\n
In July 2018, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) decreased by 1.4% compared with the previous month and increased by 1.9% with respect to July 2017 (from +1.4% in June). The decrease on monthly basis was mainly due to the beginning of the summer sales of Clothing and footwear (-19.1% compared with June 2018), which are not taken into account in the national index NIC.<\/p>\n
The wider acceleration of HICP compared to that of NIC, was due to Clothing and footwear prices which grew by 3.5% on annual basis (from + 0.1% in June). The main reason of this dynamics was the postponed start of the summer sales (July 7 in 2018 in almost all regions, July 1 in 2017), so that the decrease on monthly basis of prices of Clothing and footwear this year was less wide (-19.1%) than in July of last year\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0(-21.7%), determining the acceleration that affected the general index.<\/p>\n","protected":false},"excerpt":{"rendered":"
In July 2018, according to preliminary estimates, the Italian consumer price index for the whole nation (NIC) increased by 0.3% on monthly basis and by […]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3563,3186,3270,3264,3256,3468,3555,2968],"regione":[],"tema":[4039],"class_list":["post-23431","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-prices-2","tag-flash","tema-prices"],"meta_fields":{"data_pubblicazione":"20180731","descrizioneperiodo":"July 2018","titolobreve":"Consumer prices (provisional)","news":"In July 2018 the CPI +0.3% compared with the previous month and +1.5% year-over-year","news_rss":"In July 2018, according to preliminary estimates, the Italian consumer price index for the whole nation (NIC) increased by 0.3% on monthly basis and by 1.5% compared with July 2017 (+1.3% in June 2018). The acceleration of the growth on annual basis of All items index was mainly due to prices of Regulated energy products (from -1.2% to +5.3%). The slowdown of prices of Services related to transport (from +2.9% of the previous month to +1.7%) mitigated this acceleration.","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":3555,"label":"prices","slug":"prices-2"},{"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\/23431","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\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=23431"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/23431\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=23431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=23431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=23431"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=23431"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=23431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}