Inflation in Italy in June was 0.8% year-on-year

Inflation in Italy in June was 0.8% year-on-year
Inflation in Italy in June was 0.8% year-on-year

Rome, June 28 (EFECOM).- Inflation in Italy in June was 0.8% year-on-year, and 0.1% compared to the previous month, according to provisional data published this Friday by the National Institute of Statistics (Istat). ).

Inflation in June was due to the fall in prices of unprocessed food products, which went from 2.2% to 0.4%; of recreational, cultural and health care services, from 4.3% to 4%.

While on the other hand, the prices of regulated energy are accelerating, which went from 0.7% to 3.6% and of processed food goods, from 1.8% to 2.2%.

Core inflation, which does not take into account the costs of energy and fresh food due to their volatility, remained stable at 2% compared to last month,

The Harmonized Index of Consumer Prices (HICP) increased by 0.2% month-on-month and 0.9% year-on-year.

The slowdown in the annual growth rate of the so-called “shopping basket” prices also continued in June, falling to 1.4% from 1.8%).

If the trend continues, inflation is projected for 2024 to be 0.8% for the general index and 1.9% for the underlying index.

ccg/prb

 
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