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16.05.2019 16:22

Italy's consumer price index increased by 0.2% in April

According to the report from Istat, in April 2019 the Italian consumer price index for the whole nation (NIC) increased by 0.2% on monthly basis and by 1.1% with respect to April 2018 (up from +1,0% in the previous month), confirming the flash estimate.

The slight acceleration of the growth on annual basis of All items index was mainly due to prices of Services related to transport (from +0.5% to +2.8%), and, to a lesser extent, of Services related to recreation, including repair and personal care (from +0.9% to +1.6%) and of Non-regulated energy products (from +3.3% to +3.7%).

The core inflation excluding energy and unprocessed food was +0.6% (up from +0.4% in March 2019) and inflation excluding energy was +0.7% (up from +0.6% in the previous month).

The Italian harmonized index of consumer prices (HICP) increased by 0.5% on monthly basis and by 1.1% with respect to April 2018 (the same as in the previous month). The flash estimate was 1.2%.


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