Istat, inflation rises again in March +1.3% on the year – News

Istat, inflation rises again in March +1.3% on the year – News
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After the pause in February, inflation rises again in March. According to preliminary estimates from Istat, the national consumer price index for the entire community (NIC), including tobacco, increases by 0.1% on a monthly basis and by 1.3% on an annual basis ( from +0.8% in the previous month).

While “underlying inflation”, net of energy and fresh food, accelerates from +2.3% to +2.4%, and that net of energy goods alone decelerates from +2.6% to +2 ,5%.

“The slight acceleration is affected by the easing of the year-on-year decline in the prices of energy goods”, comments Istat.

In March, the annual price dynamics of the so-called “shopping cart” slowed down (+3% from 3.7% in February). The prices of food, household and personal care goods are slowing down on a trend basis (from +3.4% to +3.0%), as are those of high-frequency purchasing products (from +2.8 February % at +2.7%).

The prices of unprocessed food products also showed a slowdown in March (+2.6% from +4.4%). so did tobacco (from +2.6% to +1.9%).

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