According to a preliminary estimate released by ISTAT on 31 June, consumer prices rose 0.1% in June, mirroring the result recorded in May and sitting above the flat reading of the same month last year. Accordingly, annual inflation inched up from 2.6% in May to 2.7%, reaching its highest level since October 2008 and matching market expectations. The core inflation index, which excludes more volatile categories such as unprocessed food and energy, rose 0.3%, up from the flat reading recorded in May. Accordingly, annual core inflation rose from May's 1.8% to 2.1%, the highest level since March 2009. Finally, annual average HICP inflation inched up from 2.1% in May to 2.2%. The government expects HICP inflation to average 2.2% in 2011 and 2.0% next year. The Bank of Italy sees HICP inflation averaging 2.1% this year and shares the government's view for HICP inflation in 2012.
Inflation remains stable in June
June 30, 2011
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Italy Economic News
October 14, 2016
According to revised data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% from the previous month in September.
October 10, 2016
In August, industrial output increased 1.7% from the previous month, accelerating from July’s revised 0.7% increase (previously reported: +0.4% month-on-month).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose from 49.8 in August to 51.0 in September, taking it above the 50-threshold that separates expansion from contraction in the manufacturing sector. September’s result mainly reflected a return to growth in new orders, which, in the previous month, had dropped slightly for the first time in over one-and-a-half years.
September 30, 2016
According to provisional data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% over the previous month in September, contrasting August’s 0.2% increase and marking the lowest result in seven months.
September 28, 2016
The National Institute of Statistics’ (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, increased from a revised 99.5 in August (previously reported: 99.4) to 101.0 in September. All four categories of the indicator improved compared to August.