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Italian EU-harmonised consumer prices (HICP) rose 0.2% month-on-month in May and were also up 0.8% from the year earlier, official statistics agency ISTAT said on Monday, confirming preliminary data. May’s 0.8% annual rate was down from +0.9% in April.
The main domestic price index (NIC), rose 0.2% on the month and increased 0.8% annually, remaining unchanged from a 0.8% annual rise in April. Core inflation (net of fresh food and energy) was running at 2.2% year-on-year on the HICP index in May, down from +2.3% in the month before.
ISTAT gave the following details: May April March The EU-harmonised index (HICP): Monthly change +0.2 +0.5 +1.2 Year-on-year inflation +0.8 +0.9 +1.2 Index (base 2015=100) 122.7 122.4 121.8 The NIC index: Monthly change +0.2 +0.1 0.0 Year-on-year inflation +0.8 +0.8 +1.2 Index (base 2015=100) 120.6 120.3 120.2 (Reporting by Laura Contemori, editing by Valentina Consiglio)