{"id":28646,"date":"2024-04-16T00:00:00","date_gmt":"2024-04-15T22:00:00","guid":{"rendered":"http:\/\/nuovowww.collaudo.istat.it\/non-categorizzato\/consumer-prices-march-2024\/"},"modified":"2024-06-08T22:16:13","modified_gmt":"2024-06-08T20:16:13","slug":"consumer-prices-march-2024","status":"publish","type":"post","link":"https:\/\/www.istat.it\/en\/press-release\/consumer-prices-march-2024\/","title":{"rendered":"Consumer prices - March 2024"},"content":{"rendered":"<p>In March 2024 the rate of change of the Italian consumer price index for the whole nation (NIC) was null compared with the previous month and +1.2% on annual basis (from +0.8%); the flash estimate was +1.3%.<\/p>\n<p>The increase of the growth on annual basis of All-item index was mainly due to the prices of Non-regulated energy products (from -17.2% to -10.3%), of Regulated energy products (from -18.4% to -13.8%) and, to a lesser extent, of Services related to transport (from +3.8% to +4.5%). On the contrary, the prices of Unprocessed food (from +4.4% to +2.6%), of Tobacco (from +2.6% to +1.9%) and of Processed food including alcohol (from +3.4% to +2.8%) slowed down.<\/p>\n<p>In March 2024, core inflation (excluding energy and unprocessed food) was stable at +2.3% and inflation excluding energy was +2.4% (from +2.6%).<\/p>\n<p>As for Goods, the year on year growth rate was -0.2% (from -0.9% in February) and for Services the annual rate of change was +3.0% (from +2.9%). As a consequence, the inflationary gap between Services and Goods decreased (from +3.8 percentage points in February to +3.2).<\/p>\n<p>The prices of Grocery and unprocessed food was -0.1% on monthly basis and +2.6% on annual basis (down from +3.4% in the previous month).<\/p>\n<p>The zero increase on monthly basis was mainly due to the prices of Services related to transport (+1.5% also due to seasonal factors), of Regulated energy products (+0.7%) and of Non-durable goods (+0.4%); whose growth was offset by the decrease of prices of Non-regulated energy products (-1.9%) and of Unprocessed food (-0.8%).<\/p>\n<p>In March 2024, the Italian harmonised index of consumer prices (HICP) increased by 1.2% on monthly basis, mainly due to the end of the winter sales of Clothing and footwear (not considered by NIC); as a result, the annual rate of change of the Italian HICP was 1.2% (from +0.8% in February); the flash estimate was +1.3%.<\/p>\n<p>In the first quarter of 2024, inflation measured by HICP had a wider impact on the sub-population with the lowest level of equivalent expenditure than on households with highest amount of expenditure (-0.4% and +1.7% respectively).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In March 2024 the rate of change of the Italian consumer price index for the whole nation (NIC) was null compared with the previous month [&hellip;]<\/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":[3121,3563,3186,3270,3264,3256,3468,3555,3104,2968],"regione":[],"tema":[4039],"class_list":["post-28646","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-child-support","tag-consumer-prices","tag-consumptions","tag-cpi","tag-hicp","tag-inflation","tag-price","tag-prices-2","tag-rent","tag-flash","tema-prices"],"meta_fields":{"data_pubblicazione":"20240416","descrizioneperiodo":"March 2024","titolobreve":"Consumer prices - March 2024","news":"In March 2024 the CPI unchanged over February and +1.2% y-o-y","news_rss":"In March 2024 the rate of change of the Italian consumer price index for the whole nation (NIC) was null compared with the previous month and +1.2% on annual basis (from +0.8%); the flash estimate was +1.3%","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3121,"label":"child support","slug":"child-support"},{"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":3104,"label":"rent","slug":"rent"},{"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\/28646","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=28646"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/28646\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=28646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=28646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=28646"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=28646"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=28646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}