According to preliminary estimates, in July 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was +0.1% on monthly basis and +6.0% on annual basis (down from +6.4% in June).<\/p>\n
The slow down of the annual inflation rate was mainly due to the prices of Services related to transport (from +4.7% to +2.4%), of Non-regulated energy products (from +8.4% to +7.0%) and, to a lesser extent, of Processed food including alcohol (from +11.5% to +10.9%), of Non energy industrial goods (from +4.8% to +4.6%), of Services miscellaneous (from +2.9% to +2.7%) and of Tobacco (from +2.5% to +1.9%). At the opposite, an upward contribution to the inflation rate came from the prices of Unprocessed food (from +9.4% to +10.4%) and of Services related to housing (from +3.5% to +3.6%).<\/p>\n
The core inflation (All-items excluding energy and unprocessed food) was +5.2% (down from +5.6 % in June) and the All-items index excluding energy was +5.6% (from +5.8% in the previous month).<\/p>\n
As for Goods, the year on year growth rate was +7.1% (down from +7.5% in June) while for Services the annual rate of change was +4.1% (from +4.5% in the previous month). As a consequence, the negative inflationary gap between Services and Goods remains stable in absolute value (at -3.0 percentage points).<\/p>\n
Prices of Grocery and unprocessed food increased by 0.2% on monthly basis and by 10.4% on annual basis (down from +10.5% in the previous month).<\/p>\n
The month on month increase of NIC was mainly due to the prices of Processed food including alcohol (+0.9%), of Services related to recreation, including repair and personal care and Services related to transport (+0.4% both), of Non-durable goods and Services miscellaneous (+0.3% both). At the same time, the prices of the following aggregates have decreased: Regulated energy products (-1.5%), Non-regulated energy products (-1.3%), Unprocessed food (-0.8%) and Tobacco (-0.6%).<\/p>\n
In July 2023, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) decreased by 1.5% on monthly basis (due to the summer sales not considered by NIC) and increased by 6.4% on annual basis (down from +6.7% in the previous month).<\/p>\n","protected":false},"excerpt":{"rendered":"
According to preliminary estimates, in July 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was +0.1% on […]<\/p>\n","protected":false},"author":0,"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-27976","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":"20230731","descrizioneperiodo":"July 2023","titolobreve":"Consumer prices (provisional) - July 2023","news":"In July 2023 the CPI +0.1% compared with the previous month and +6.0% year-over-year","news_rss":"According to preliminary estimates, in July 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was +0.1% on monthly basis and +6.0% on annual basis (down from +6.4% in June).\n\nThe slow down of the annual inflation rate was mainly due to the prices of Services related to transport (from +4.7% to +2.4%), of Non-regulated energy products (from +8.4% to +7.0%) and, to a lesser extent, of Processed food including alcohol (from +11.5% to +10.9%), of Non energy industrial goods (from +4.8% to +4.6%), of Services miscellaneous (from +2.9% to +2.7%) and of Tobacco (from +2.5% to +1.9%). At the opposite, an upward contribution to the inflation rate came from the prices of Unprocessed food (from +9.4% to +10.4%) and of Services related to housing (from +3.5% to +3.6%).","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\/27976","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"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=27976"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/27976\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=27976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=27976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=27976"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=27976"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=27976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}