According to the definitive data for May released today by Istat, annual inflation remains at 0.8%, as in April. “Prices continue their rise. In just one month, even though prices are now lunar, they rise by 0.2%, double compared to April. The worst news is that food products and non-alcoholic drinks, i.e. compulsory expenses by definition, which a month ago had recorded zero economic change, now not only start to grow again but fly by 0.5% in just one month. This is very bad news for those who are already struggling to make it to the end of the month” says Massimiliano Dona, president of the National Consumers Union. “For a couple with two children, the trend inflation of 0.8% means, despite the savings on housing and electricity of 438 euros, a increase in the cost of living of 76 euros on an annual basisalthough 161 euros they are only used to cope with the 2% increases in prices of food products and non-alcoholic drinks. For a couple with 1 child, the additional annual expense is 36 euros, but 146 euros more are needed for eating and drinking. The record goes to large families with more than 3 children with an increase of 191 euros just to feed and quench their thirst” concludes Dona.
