According to preliminary estimates, in October 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was -0.1% on monthly basis and +1.8% on annual basis (from +5.3% in September).<\/p>\n
The slowdown of the annual inflation rate was due to the prices of non-regulated energy products (from +7.6% to -17.7%), of regulated energy products (from -27.9% to -32.7%) and, to a lesser extent, of unprocessed food (from +7.7% to +5.0%) and of processed food including alcohol (from +8.9% to +7.4%). At the opposite, an upward contribution to the inflation rate came from the prices of services related to housing (from +3.7% to +4.0%) and of services related to transport (from +3.8% to +4.0%).<\/p>\n
The core inflation (all-items excluding energy and unprocessed food) was +4.2% (down from +4.6 % in September) and the all-items index excluding energy was +4.2% (from +4.8% in the previous month).<\/p>\n
As for goods, the year on year growth rate was +0.1% (down from +6.0% in September) while for services the annual rate of change remains stable at +4.1%. As a consequence, the inflationary gap between services and goods becomes positive in absolute value (from to -1.9 percentage points in September to +4.0).<\/p>\n
Prices of grocery and unprocessed food increased by 0.1% on monthly basis and and by +6.3% on annual basis (down from +8.1% in the previous month).<\/p>\n
The month on month decrease of NIC was mainly due to the prices of non-regulated energy products (-1.9%), of services related to recreation, including repair and personal care (-0.9%) and of services related to transport (-0.6%). At the same time, the prices of regulated energy products (+12.0%) and services related to housing (+0.4%) have increased.<\/p>\n
In October 2023, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) increased by 0.2% on monthly basis and by 1.9% on annual basis (down from +5.6% in the previous month).<\/p>\n","protected":false},"excerpt":{"rendered":"
According to preliminary estimates, in October 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":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3563,3186,3270,3264,3256,3468,3555,2968],"regione":[],"tema":[4039],"class_list":["post-28191","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":"20231031","descrizioneperiodo":"October 2023","titolobreve":"Consumer prices (provisional) - October 2023","news":"In October 2023 the CPI -0.1% compared with the previous month and +1.8% year-over-year","news_rss":"According to preliminary estimates, in October 2023 the rate of change of the Italian consumer price index for the whole nation (NIC) was -0.1% on monthly basis and +1.8% on annual basis (from +5.3% in September).\nAccording to preliminary estimates, the Italian harmonised index of consumer prices (HICP) increased by 0.2% on monthly basis and by 1.9% on annual basis (down from +5.6% in the previous month).","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\/28191","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=28191"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/28191\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=28191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=28191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=28191"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=28191"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=28191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}