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Prices: Istat revises upwards, inflation in July + 1.9%

2021-08-11T08:43:05.977Z


In July, the national consumer price index for the entire community (NIC), gross of tobacco, recorded an increase of 0.5% on a monthly basis and of 1.9% on an annual basis (from + 1.3% of the previous month). (HANDLE)


(ANSA) - ROME, AUGUST 11 - In July the national consumer price index for the entire community (NIC), gross of tobacco, recorded an increase of 0.5% on a monthly basis and 1.9% on an annual basis (from + 1.3% the previous month). Locomunica Istat, which revises the preliminary estimate upwards, which was + 1.8%.


    "The sharp acceleration of inflation in July is again due to the prices of energy goods, in particular those regulated, which thus recorded the highest growth since 1996, ie since the time series of consumer price indices of this aggregate is available (the the highest value was + 16.2% in December 2008) ", explains Istat.


    The inflation acquired for 2021 is equal to + 1.6% for the general index and +0,8% for the core component.


    The prices of the so-called 'shopping cart', which includes food, household and personal care, recorded a zero trend in July (from -0.7%), while those of products with high purchasing frequency accelerate ( from + 1.6% to + 2.0%). In the preliminary estimate for the prices of the 'shopping cart' a + 0.2% was estimated. (HANDLE).


Source: ansa

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