Italy March EU-harmonised CPI revised down to +8.1% y/y

Kitco Media
By Reuters
Published:
Updated:
Reuters
Apr 17 (Reuters) - Italian EU-harmonised consumer prices (HICP) rose 0.8% month-on-month in March and were also up 8.1% from the year earlier, official statistics agency ISTAT said on Monday, partly revising down preliminary data. The preliminary estimate had pointed to +0.8% month-on-month and +8.2% year-on-year. March's 8.1% annual rate was down from +9.8% in February. The main domestic price index (NIC), fell 0.4% on the month and increased 7.6% annually, declining from 9.1% annual rise in February. Core inflation (net of fresh food and energy) was running at +6.8% year-on-year on the HICP index in March, down from +7.0% in the month before.


ISTAT gave the following details:


The EU-harmonised index (HICP):


MAR FEB JAN Monthly change +0.8% +0.1% -1.5% Yr/yr inflation +8.1%r +9.8% +10.7% Index (base 2015=100) 120.3r 119.4 119.3


The NIC index: Monthly change -0.4%r +0.2% +0.1% Yr-on-yr inflation +7.6%r +9.1% +10.0% Index (base 2015=100) 118.8r 119.3 119.1 (Reporting by Luca Fratangelo, editing Antonella Cinelli)

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