Preliminary estimates of Istat increase inflation in February: +0.8% on a monthly basis and +1.6% on an annual basis

ROMA (ITALPRESS) – According to the preliminary estimates Istat, in February the national index of consumer prices for the entire community (NIC), to the gross of the tobaccos, recorded a variation of +0.8% on a monthly basis and of +1.6% on an annual basis (from +1.0% in the previous month). The acceleration of inflation is mainly due to the trend of price trends in transport services (from +0.7% to +3.0%), recreational, cultural services and for the care of the person (from +3.0% to +4.9%) and unworked food (from +2.5% to +3.6%); slow the prices of processed food (from +1.9% to +1.7%) and increase the decline of those of energy9, regulated (from -11.6%). In February, the underlying inflation, net of fresh energy and food, highlights a lift (from +1.7% to +2.4%), as well as that net of only energy goods (from +1.9% to +2.5%).

The prices of goods show a slight decrease on an annual basis (-0.2%, as in January), while the prices of services increase their growth rate (from +2.5% to +3.6%). The differential between the service sector and that of goods, therefore, increases, from +2.7 percentage points to +3.8 percentage points.

The tendential rate of change in food prices, for the care of the house and the person shows a moderate acceleration (from +1.9% to +2.2%). The change in the general index (+0.8%) mainly affected the increase in tobacco prices (+3.3%), recreational, cultural and care services (+2.1%), transport services (+2.0%), unworked food (+1.1%) and non-regulated energy (+0.4%).

The effects of these increases were only partly offset by the decrease in regulated energy prices (-1.2%). According to preliminary estimates, the Harmonised Consumer Price Index (IPCA) recorded a change of +0.6% on a monthly basis and +1.6% on an annual basis (from +1.0% of the previous month).

-Photo IPA Agency-
(ITALPRESS).