Italian Inflation Rate Highest Since July 2014

Consumer prices in Italy are expected to rise by 0.3 percent year-on-year in September of 2015, up from a 0.2 percent in the previous month pushed up by increase in cost of unprocessed food and services related to transportation.

Year-on-year, prices of unprocessed food (+3.4 percent from +1.9 percent in August) and services related to transportation (+0.8 percent from -0.1 percent in the previous month) increased at a faster pace, while prices of non-regulated energy (-12.8 percent, from -10.4 percent in August) fell further.

Meanwhile, core inflation rate (excluding energy and unprocessed food) was recorded at 0.8 percent.

On a monthly basis, consumer prices decreased by 0.3 percent, following a 0.2 percent increase in August, mainly to lower prices of services related to transport (-4 percent), partially offset by higher prices of unprocessed food (+1.8 percent).

Harmonised consumer prices increased by 0.2 percent year-on year and by 1.6 percent on a monthly basis.

Italian Inflation Rate Highest Since July 2014

Istat | Joana Ferreira |
9/30/2015 11:14:37 AM