In June, inflation remained at the same level as the previous two months (+0.8%)

In June, inflation remained at the same level as the previous two months (+0.8%)
In June, inflation remained at the same level as the previous two months (+0.8%)

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According to preliminary estimates from Istat, in June 2024 the national consumer price index for the entire community (NIC), including tobacco, increases by 0.1% on a monthly basis and by 0.8% on an annual basis, as in the previous month.

Contrasting trends of different expenditure aggregates

The stability of inflation, explains the statistical body, underlies opposing trends in various spending aggregates: the main slowdowns are in the prices of Unprocessed food products (from +2.2% to +0.4%), Recreational, cultural and personal care services (from +4.3% to +4.0%) and Durable goods (whose decline widens from -0.7% to -1.1%); on the other hand, the decline in the prices of Unregulated energy products (from -13.5% to -10.3%) is further attenuated and those of regulated ones (from +0.7% to +3.6%) and Processed food products (from +1.8% to +2.2%) are accelerating.

Core inflation stable at +2%

In June, “underlying inflation”, net of energy and fresh food, remained stable at +2.0%, while that net of energy goods alone decelerated slightly (from +2.0% to +1 .9%).

The trend dynamics of the prices of goods, although remaining negative, recorded a slight rise (from -0.9% to -0.6%) while that of services was slightly decelerating (from +2.9% to +2.8%). %). The inflationary differential between the services and goods sectors therefore rises to 3.4 percentage points (from +3.8 in May).

The prices of food, household and personal care goods are slowing down on a trend basis (from +1.8% to +1.4%), as are those of high-frequency purchasing products (from +2.5% to % at +2.1%).

 
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