Italy: Inflation rises slightly in September
September 30, 2015
According to preliminary estimates, consumer prices fell 0.3% in September over the previous month, contrasting August’s 0.2% increase and marking an eight-month low. The reading was in line with market expectations. The result mainly reflected a significant decrease in non-regulated energy product prices. Inflation rose from August’s 0.2% to 0.3% in September, which marked the highest reading since June 2014.
Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, fell 0.4% in September over the previous month, contrasting August’s 0.4% increase. Core inflation tallied 0.9% in September (August: 0.8%). Finally, annual harmonized inflation rose 0.2% in September, which was below August’s 0.4% increase.
Author: Eric Denis , Economist