Tuesday, July 14, 2015

The holiday factor pushing inflation: + 0.2% in June – BBC



Milan , July 14, 2015 – 11:19

     
     
 



Inflation gives a little accelerated. In June, the national index of consumer prices rose 0.2% from the previous month is both against June 2014. In May, the growth of year was equal to 0.1 percent. The preliminary estimate had done Istat for June had stopped + 0.1%, so the prices, which remain very cold, however, show a slight recovery. Net of unprocessed food and energy prices, inflation is stable at 0.6% and net only in energy and 0.8 percent.

Travel and transport push prices

A push prices up to June are mainly recreational, cultural and personal care of which weighs the “holiday factor.” According to Istat, the national holiday packages see increases of 1.8% over the previous year and by 6.8% compared to May. International packages are rather stable compared to 2014 and have price increases of 3.6% from May. Among the accommodation, holiday villages, campsites, hostels and see similar increases of 10.7% on the month and 0.6% on the year. Rising another holiday classic, namely transport (+ 0.2%). The inflation for 2015 rose to + 0.2%; It was up 0.1% in May. Among the various types of products that contribute to general inflation, we are particularly recreational, cultural and personal care (+ 1.1% from + 0.9% in May) and durables (no change , from -0.4% the previous month).

The price of food, care of the house and of the person remain unchanged from the previous month and recorded a stable growth on year to 0.8 percent.

July 14, 2015 (modified July 14, 2015 | 12:39)

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