Milan – Inflation slows in November 2015 to 0.1% on an annual basis, “reduction of two-tenths of a percentage point compared to the value registered in October. ” So Istat, which traces a reduction of two-tenths of a percentage point compared to the value recorded in October (+ 0.3%). On a monthly basis, the consumer price index falls 0.4%. These data arriving in the week leading up to the ECB to decide on possible new measures to support the economy of the Eurozone: the Central Bank’s mandate is precisely to bring prices close to 2%, but the trend is to now far from that goal. How do you explain the Institute of Statistics, “the slowdown in inflation was mainly due to the reduction in the amplitude of the trend growth of recreational, cultural and personal care (+0 , 4% from 1.4% in October), caused mainly by services Restaurants and hotels (+ 0.7% from + 2.1% the previous month), to which is added the containment of prices Food unprocessed food (+ 3.2% from + 4.1% in October). These developments are partly offset by the slowdown in the fall in prices of non-regulated Energy (-11.2%, from -12.7% in October ) “. Net of unprocessed food and energy prices, the so-called “core inflation” down to + 0.6% (from 0.8 in October); net only energy goods amounted to + 0.8% (from + 1.0% the previous month). A month after the closing of the year, the inflation for 2015 ( which is that which would occur without changes to December) is stable at + 0.1%. In the survey states that the price of food, care of the house and of the person increased by 0.3% MoM and 1.3% YoY (slowing from 1.5% in October) It is the ‘shopping cart’. Product prices high frequency of purchase did not vary in economic terms, a decrease trend stable at -0.1%. According to preliminary estimates, the harmonized index of consumer prices (HICP) decreased by 0.5% on a monthly basis and increased by 0.1 year on year, slowing from 0.3% in October.
- Arguments:
- inflation
- Prices
- istat
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