The Italy back to see the inflation: +0.1% of the prices in November – The Republic

MILAN In November the inflation rate back in positive territory: according to provisional data from Istat, in fact, the prices rose by 0.1% on an annual basis, but were down 0.1% on a monthly basis. “The slight pick-up in inflation is mainly due to the trend in the prices of services,” says the mayor, starting from the recreational, cultural, and personal care (+0,8%) and transport services (+1). Affecting energy and food. Inflation gained for the 2016 falls to 0.2% from -0,1% in October.

In the note by Istat, shows that the prices of the so-called “shopping cart”, which covers the food products, for the care of the house and of the person, marking an increase of 0.4% on a monthly basis in November and registered a decrease of 0.1% on an annual basis (it was -0,2% in October). In particular, upward pressure comes from food not processed that increase of 1.3% on the month and record on an annual basis, a reversal of the trend (+0,2%, was down 0.4% in October).

“the core inflation, calculated net of food products and of energy goods, is the net of just energy goods have marked an acceleration of growth coming in both to +0.4% from +0.2% in October.

The data on prices come from the Eurozone, where the average rate on an annual basis (November) was 0.6% compared to 0.5 of October. The growth of prices has remained stable in the services sector (+1,1), is increasing for food products and tobacco (from 0.4 to 0.7), and has remained the same for the industrial goods non-energy (0.3 mi). Energy products recorded a decrease of 1.1% compared to minus 0.9% in October.

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inflation

istat

price

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