ROME (ITALPRESS) – According to Istat’s preliminary estimates, the national consumer price index for the entire community (NIC), before tobacco, rose 0.4 percent month-on-month in March 2025 and 2 percent in March 2024, from +1.6 percent in the previous month.
The dynamics of the overall index mainly reflect the upturn in the trend rate of change of prices of Unregulated Energies, which returned positive (from -1.9% to +1.3%) and, to a lesser extent, the acceleration of prices of Tobacco (from +4.1% to +4.6%) and Unprocessed Food (from +2.9% to +3.3%). Inflation was also supported by Services related to communications (from +0.5 percent to +0.8 percent), Recreational, Cultural and Personal Care Services (from +3.1 percent to +3.3 percent) and finally Durable Goods (whose decline softened from -1.5 percent to -1.2 percent).
At the opposite end of the spectrum, prices of Regulated Energies (from +31.4 percent to +27.3 percent) and Transport-related Services (from +1.9 percent to +1.6 percent) decelerated. In March, “core inflation,” net of energy and fresh food, remained stable (at +1.7%), while “core inflation” net of energy goods alone accelerated slightly (from +1.7% to +1.8%).
The trend growth of goods prices picks up significantly (from +1.1 percent to +1.7 percent), while that of services remains stable (at +2.4 percent). The inflation differential between the services and goods sectors narrows to +0.7 percentage points from +1.3 in February 2025.
The prices of Food, Household and Personal Care Goods were 2.1 percent higher in March than in the same month last year, while the trend growth of high-frequency products remains firm at +1.9 percent.
The cyclical increase in the overall index was mainly due to the prices of Unregulated Energies and Services Related to Transportation (+1.2 percent both), Tobacco and Recreational, Cultural and Personal Care Services (+0.5 percent both), and Services Related to Communications (+0.3 percent); the effects of these increases were only partially offset by the decrease in the prices of Regulated Energies (-2.4 percent) and Unprocessed Food (-0.4 percent).
-Photo IPA Agency-.
(ITALPRESS).