Istat specifies that the acceleration in the cost of living in March is mainly due to the attenuation on a trend basis of the decline in the prices of unregulated energy goods. In March 2024, it is estimated that the national consumer price index for the entire community (Nic), including tobacco, will record no cyclical change and an increase of 1.2% on an annual basis, from +0.8% in the previous month; the preliminary estimate was +1.3%. Istat communicates this, adding that the inflation acquired for 2024 is equal to +0.5% for the general index and +1.2% for the underlying component. (Sun 24 Hours)
The “shopping cart” is downsized in March. According to what Istat communicates, the prices of food, household and personal care goods are slowing down on a trend basis: they have in fact gone from +3.4% in February to +2.6%. Furthermore, the price lists of high-frequency purchasing products also fell (from +2.8% in February to +2.5%). Similar trend also for food goods: Istat has in fact detected a slowdown compared to a year earlier for the prices of unprocessed food goods.
Istat specifies that the acceleration in the cost of living in March is mainly due to the attenuation on a trend basis of the decline in the prices of unregulated energy goods (from -17.2% to -10.3%) and regulated ones (from -18 .4% to -13.8%). Support for inflation is also due to the acceleration in the prices of transport-related services (from +3.8% to +4.5%).
The acquired inflation for 2024 is equal to +0.5% for the general index and +1.2% for the underlying component. The harmonized index of consumer prices (HIPC) increases by 1.2% on a monthly basis, due to the end of the seasonal sales which the Nic does not take into account, and by 1.2% on an annual basis (from +0, 8% in February) against a preliminary estimate of +1.3%. The national consumer price index for families of workers and employees (FOI), net of tobacco, recorded an increase of 0.1% on a monthly basis and 1.2% on an annual basis.
