ROME (ITALPRESS) – In November, according to Istat’s final data, the national consumer price index for the entire community (NIC), before tobacco, decreased 0.1 percent on a monthly basis and increased 1.3 percent year-on-year (from +0.9 percent in the previous month); the preliminary estimate was +1.4 percent.
The rise in the inflation rate is primarily affected by the acceleration in prices of regulated energy goods (from +3.9% to +7.4%) and the easing of the decline in prices of unregulated energy goods (from -10.2% to -6.6%).
Inflation support also comes from price developments in food, both unprocessed (from +3.4% to +3.8%) and processed (from +1.7% to +1.9%), transportation-related services (from +3.0% to +3.5%), nondurable goods (from +0.9% to +1.4%) and, to a lesser extent, housing-related services (from +2.3% to +2.5%) and communication-related services (from +1.0% to +1.2%). Core inflation, net of energy and fresh food, accelerates (from +1.8% to +1.9%), as does inflation net of energy goods alone (from +1.9% to +2.0%). The growth rate of shopping cart prices rises to +2.3%. The trend in the price dynamics of goods reverses to positive values (from -0.5% to +0.2%) and that of services accelerates slightly (from +2.7% to +2.8%). The cyclical decline in the overall index was mainly due to the prices of recreational, cultural and personal care services (-1.2 percent) and durable goods (-0.6 percent). These effects were only partly offset by increases in prices of regulated energy (+2.7 percent), unprocessed food (+1.2 percent), processed food, housing-related services and nondurable goods (all +0.3 percent).
(ITALPRESS).
-Photo: Photogram Agency-
November inflation up, shopping cart more expensive
