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Rate of change of Italian CPI up 0.2% MoM, 0.8% YoY in May

19 Jun '24
1 min read
Rate of change of Italian CPI up 0.2% MoM, 0.8% YoY in May
Pic: Adobe Stock

Insights

  • The rate of change of the Italian consumer price index (CPI) increased by 0.2 per cent month on month (MoM) and by 0.8 per cent YoY in May this year, confirming the flash estimate by Istat.
  • In May, both core inflation (excluding energy and unprocessed food) as well as inflation excluding energy slowed down to 2 per cent from 2.1 per cent in April.
The rate of change of the Italian consumer price index (CPI) increased by 0.2 per cent month on month (MoM) and by 0.8 per cent year on year (YoY) in May this year, confirming the flash estimate by Istat.

In May 2024, both core inflation (excluding energy and unprocessed food) as well as inflation excluding energy slowed down to 2 per cent from 2.1 per cent in April.

The YoY growth rate for CPI goods was minus 0.9 per cent in May from minus 0.6 per cent in April.

The rate of change of the Italian harmonised index of consumer prices (HICP) was 0.2 per cent MoM and 0.8 per cent YoY in May, confirming the flash estimate.

Fibre2Fashion News Desk (DS)

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