Italy Inflation November 2016

Italy

Italy: Inflation resurfaces in November

November 30, 2016

According to provisional data released by the National Statistical Institute (Istat), consumer prices in Italy fell 0.1% over the previous month in November, mirroring October’s reading. The figure mainly reflected lower prices for services related to recreation and hotels as well as for transport. Inflation came in at 0.1% in November, rebounding from October’s 0.2% fall in consumer prices.

Core consumer prices, which excludes more volatile categories such as unprocessed food and energy, dropped 0.3% in November on a monthly basis, which represented a slightly larger drop than October’s 0.2% fall. Core inflation was 0.4% in November, up from October’s 0.2%—the lowest result on record. Finally, harmonized inflation came in at 0.1%, which contrasted October’s 0.1% decline in harmonized consumer prices.

FocusEconomics Consensus Forecast panelists expect inflation to stay flat in 2016, which is unchanged from last month’s projection. For 2017, panelists expect inflation to average 1.0%, which is also unchanged from last month’s forecast.


Author: Massimo Bassetti , Economist

Sample Report

Looking for forecasts related to Inflation in Italy? Download a sample report now.

Download

Italy Inflation Chart


Italy Inflation November 2016

Note: Year-on-year and month-on-month var. of consumer price index in %.
Source: National Statistical Institute (Istat).


Italy Economic News

  • Italy: Inflation continues to drop in June

    July 14, 2017

    According to revised data released by the National Statistical Institute (Istat), consumer prices declined 0.1% on a monthly basis in June, a smaller drop than May’s 0.2% decrease.

    Read more

  • Italy: Industrial production rebounds in May

    July 11, 2017

    Industrial output grew 0.7% in May on a month-on-month seasonally adjusted basis, contrasting the revised 0.5% contraction registered in April (previously reported: -0.4% mom) and beating analysts’ expectations of a 0.5% expansion.

    Read more

  • Italy: PMI gains some ground in June

    July 3, 2017

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose to 55.2 in June from 55.1 in May.

    Read more

  • Italy: Inflation continues to drop in June

    June 29, 2017

    According to provisional data released by the National Statistical Institute (Istat), consumer prices declined 0.1% on a monthly basis in June, a smaller drop than May’s 0.2% decrease.

    Read more

  • Italy: Business confidence improves slightly in June

    June 29, 2017

    The National Institute of Statistics (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, ticked up from May’s 106.2 to 106.4 in June. Three of the four sub-categories of the indicator improved compared to May: manufacturing, construction and services, with the latter two pushed up mainly by expectations of higher order books.

    Read more

More news

Search form