According to revised data released by Istat on 16 October, consumer prices were flat over the previous month in September. The reading matched the preliminary estimate released on 28 September and was below the 0.4% increase recorded in August. Higher readings for food and non-alcoholic beverages as well as for restaurants and hotels offset lower prices for transport as well as for recreation and culture. Annual inflation was also confirmed at 3.2%, which mirrored the result recorded in August. The core inflation index, which excludes more volatile categories such as unprocessed food and energy, fell 0.4% over the previous month, confirming the preliminary estimate and contrasting the 0.4% increase recorded in August. Annual core inflation was also unchanged over the previously estimate of 1.9%, which was down from the 2.1% recorded in August. Finally, annual average HICP inflation in September was at 3.6%, mirroring the preliminary reading and matching the result recorded in August.
Revised data confirms steady inflation in September
October 12, 2012
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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.