Italy CPI rose to 13%, new records
2022.11.16 04:41
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Italy CPI rose to 13%, new records
Budrigannews.com – Italy’s EU Harmonized Consumer Price Index (HICP) rose 3.8 percent in March and 12.6 percent from a year earlier, the Official Statistics Office ISTAT said on Wednesday, reviewing preliminary data.
Preliminary figures were 4.0% M/M and 12.8% YEAR-ON-YEAR.
The 10-month annual rate of +12.6% was higher than the 9-month annual rate of +9.4%.
The main domestic price index (NIC (NASDAQ:)) rose 3.4% in January and grew by 11.8% annually, its highest level since 1984, accelerating from an annual increase of 8.9% in March.
Core inflation (perishable food and net energy) was above the +5.7% of the previous month and stood at +5.3% in the HICP index for the month.
ISTAT showed the following details:
EU Harmonization Index (HICP):
Oct Sept Aug
Monthly change +3.8r +1.6 +0.9
Yr/yr inflation +12.6r +9.4 +9.1
Index (base 2015=100) 120.0r 115.6 113.8
The NIC index:
Monthly change +3.4r +0.3 +0.8
Yr-on-yr inflation +11.8r +8.9 +8.4
Index (base 2015=100) 118.1r 114.2 113.9
r=revised
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