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Istat, inflation accelerates in January, +0.3% month, +08% year - Last minute

2024-02-01T10:31:14.773Z

Highlights: Istat, inflation accelerates in January, +0.3% month, +08% year - Last minute. Inflation rises again in January. The prices of food, home and personal care goods increase slightly on a trend basis. High-frequency purchase products slow down (from +4.4% in December at +3.6% in January 2014)  Contributing to the acceleration of inflation are "the continuation of tensions on the prices of unprocessed food goods" as well as "the trend of regulated energy goods"


Inflation rises again in January. (HANDLE)


Inflation rises again in January.

According to preliminary estimates from Istat, the national consumer price index for the entire community (NIC), including tobacco, increased in January by 0.3% on a monthly basis and by 0.8% on an annual basis (from +0.6% of the previous month).

While "underlying inflation", net of energy and fresh food, decelerates from +3.1% to +2.8% and that net of energy goods alone from +3.4% to +3.1% .


    The so-called "shopping cart" goods also rose slightly.

The prices of food, home and personal care goods increase slightly on a trend basis from +5.3% to +5.4%, while those of high-frequency purchase products slow down (from +4.4% in December at +3.6%).


    Contributing to the acceleration of inflation are "the continuation of tensions on the prices of unprocessed food goods" as well as "the trend in the prices of regulated energy goods, whose decline on a trend basis was, in January, attenuated due to the statistical effect due to the unfavorable comparison with January 2023".


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Source: ansa

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