Prices: Istat, revises upward inflation, + 3% in October

ROME, NOVEMBER 16 – Istat revises its inflation estimates upwards. In October, according to the Institute of Statistics, it is estimated that the national consumer price index for the entire community (NIC), gross of tobacco products, registers an increase of 0.7% on a monthly basis and of 3.0% on an annual basis (from + 2.5% the previous month); the preliminary estimate was + 2.9%. The further acceleration of inflation is largely due, also in October, to energy prices. The prices of transport services also accelerated compared to September, but to a lesser extent. Inflation, which increased in October for the fourth consecutive month, reached growth of an extent that had not been recorded since September 2012 (when it was equal to + 3.2%). The inflation acquired for 2021 is equal to + 1.8% for the general index and + 0.8% for the core component. (HANDLE).

Source link

Leave a Comment