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Inflation rose less than expected in March, at 1.2%

2024-04-16T08:42:44.347Z

Highlights: In March the prices of food, household and personal care goods slow down on a trend basis. The price lists of high-frequency purchasing products also fell (from +2.8% in February to + 2.5%). Similar trend also for food goods: the Istata has in fact detected a slowdown compared to a year earlier for the Prices of unprocessed food goods ( from +4.4% to -2.6%) and tobacco (from -1.6% to +1.9%) In March the "shopping cart" shrinks: according to Istat, the price list of food and household goods fell from +3.4%, to -3.5%, and from +2,5% to 2,5%. In March, the prices for the entire community (NIC), including tobacco, recorded no cyclical change and an increase of 1.2% on an annual basis, from +0.8%. In February, the index of consumer prices recorded a cyclical increase of 0.4%.


Inflation rose slightly in March. (HANDLE)


Inflation rose slightly in March. This was announced by Istat, specifying that last month it was estimated that the national index of consumer prices for the entire community (NIC), including tobacco, recorded 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%.


    In March the "shopping cart" shrinks: according to Istat, the prices of food, household and personal care goods slow down on a trend basis, going 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: the Istata has in fact detected a slowdown compared to a year earlier for the prices of unprocessed food goods (from +4.4% to +2.6%), of tobacco (from +2.6 % to +1.9%) and processed food goods (from +3.4% to +2.8%).


Source: ansa

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