- Analytics
- News and Tools
- Market News
- Italy's consumer price index rose in October
Italy's consumer price index rose in October
According to the report from Istat, in October 2020 the rate of change of Italian consumer price index for the whole nation (NIC) was +0.2% on monthly basis and -0.3% on annual basis (from -0.6% in September), confirming the flash estimate.
The halving of the decrease of consumer price indices was mainly due to the speed-up of the growth of the the prices of Unprocessed food (from +2.7% to +3.5%) and to the reduction of the drop of those of Regulated energy products (from -13.6% to -7.2%). On the contrary the decrease of the prices of Non-regulated energy products was wider than in September (from -8.2% to -9.4%).
Core inflation (excluding energy and unprocessed food) was +0.2% (up from +0.1% in the previous month) and inflation excluding energy was +0.5% (up from +0.2%).
The increase on monthly basis was mainly due to the of prices of Regulated energy products (+10.5%) and, to a lesser extent, of prices of Unprocessed food (+0.9%), only partially offset by the decrease of those of Services related to transport (-1.1%).
In October the rate of change of the Italian harmonized index of consumer prices (HICP) was +0.6% with respect to the previous month and -0.6% on annual basis (from -1.0%), confirming the flash estimate.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
