Economic Indicators

Italian consumer price index revised up

2022.12.16 07:02

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Italian consumer price index revised up

Budrigannews.com – Italian EU-harmonised consumer prices (HICP) increased by 0.7 percent month-over-month in November and 12.6 percent year-over-year, according to preliminary data revised on Friday by the official statistics agency ISTAT.

A 0.6% month-over-month increase and a 12.5% year-over-year increase were predicted by the preliminary estimate.

The annual rate of 12.6% in November was the same as in October.

The most important domestic price index, NIC (NASDAQ:), remained unchanged from the 11.8% annual increase in October, rising 0.5 percent month-over-month and 11.8% annually.

On the HICP index in November, core inflation (excluding fresh food and energy) was running at 6.1% year-over-year, up from 5.7% the previous month.

ISTAT gave the following details:

The EU-harmonised index (HICP):

Monthly change +0.7r +3.8 +1.6

Yr/yr inflation +12.6r +12.6 +9.4

Index (base 2015=100) 120.8r 120.0 115.6

The NIC index:

Monthly change +0.5 +3.4 +0.3

Yr-on-yr inflation +11.8 +11.8 +8.9

Index (base 2015=100) 118.7 118.1 114.2

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Italian consumer price index revised up

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