In September 2018, the Italian consumer price index for the whole nation (NIC) decreased by 0.5% on monthly basis and increased by 1.4% compared with September 2017 (+1.6% in August 2018). The flash estimate was +1.5%.<\/p>\n
The slowdown of the growth on annual basis of All items index was mainly due to prices of both Processed food including alcohol (from +1.9% of the previous month to +1.2%) and Unprocessed food (from +3.1% of the previous month to +2.4%) and to a lesser extent, to prices of Services related to transport (from +2.8% to +2.5%) and of Non-regulated energy products (from +9.5% to +9.3%) whose growth was still wide.<\/p>\n
Inflation excluding energy and unprocessed food (core inflation) was +0.7% (down from +0.8% in the previous month) and inflation excluding energy was +0.9% (down from +1.1% of August).<\/p>\n
The decrease on monthly basis of All items index was due to the decrement of prices of Services related to transport (-4.9%) and, to a lesser extent, of Services related to recreation, including repair and personal care (-0,8%), mainly due to seasonal factors; also Processed food including alcohol registered a decrease of -0.6%.<\/p>\n
The annual rate of change of prices of Goods was +1.7% (down from +2.0% in August) and that one of prices of Services was +1.0% (down from +1.1% in the previous month). Therefore the inflationary gap between Services and Goods was still negative and equal to -0.7 percentage points (-0.9 in August). <\/p>\n
Prices of Grocery and unprocessed food decreased by 0.2% on monthly basis and by 1.5% on annual basis (down from +2.1% in the previous month).<\/p>\n
In September, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) increased by 1.7% compared with the previous month and by 1.5% with respect to September 2017 (+1.6% in August 2018). The flash estimate was +1.6%.<\/p>\n
The increase on monthly basis was mainly due to the conclusion of summer sales of Clothing and footwear (+33.1% compared with August 2018), which are not taken into account in the national index NIC.<\/p>\n
In September, core inflation (excluding energy and unprocessed food), measured by Italian HICP, was +0.7% (down from +0.8% in the previous month). Inflation excluding energy, food, alcohol and tobacco (+0.5%) and excluding energy (+0.9%) decelerated (respectively from +0.6% and from +1.0% in August 2018).<\/p>\n
In September the Italian harmonised index of consumer prices at constant tax (HICP-CT) increased by +1.6% on monthly basis and by 1.4% on annual basis. Therefore, the difference between HICP and HICP-CT growth rates, which incorporates the effects of changes in indirect taxes occurred in the last twelve months, was positive and equal to 0.1 percentage points.<\/p>\n","protected":false},"excerpt":{"rendered":"
In September 2018, the Italian consumer price index for the whole nation (NIC) decreased by 0.5% on monthly basis and increased by 1.4% compared with […]<\/p>\n","protected":false},"author":9,"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-23557","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":"20181016","descrizioneperiodo":"September 2018","titolobreve":"Consumer prices","news":"In September 2018 the CPI -0.5% compared with August and +1,4% year-over-year","news_rss":"In September 2018, the Italian consumer price index for the whole nation (NIC) decreased by 0.5% on monthly basis and increased by 1.4% compared with September 2017 (+1.6% in August 2018). The flash estimate was +1.5%.\nThe slowdown of the growth on annual basis of All items index was mainly due to prices of both Processed food including alcohol (from +1.9% of the previous month to +1.2%) and Unprocessed food (from +3.1% of the previous month to +2.4%) and to a lesser extent, to prices of Services related to transport (from +2.8% to +2.5%) and of Non-regulated energy products (from +9.5% to +9.3%) whose growth was still wide.","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\/23557","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=23557"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/23557\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=23557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=23557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=23557"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=23557"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=23557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}