Retail

No MoM change in Italy's CPI for apparel-footwear in June, 1% YoY rise

17 Jul '24

1 min read

No MoM change in Italy's CPI for clothing-footwear in Jun, 1% YoY rise

Pic: Adobe Stock

Insights

The rate of change of Italian consumer price index (CPI) was 0.1 per cent month on month (MoM) and 0.8 per cent YoY in June.
The CPI for clothing and footwear saw no change MoM and rose by 1 per cent YoY in June.
Both core inflation (excluding energy, unprocessed food) and inflation excluding energy slowed down from 2 per cent to 1.9 per cent in the month.

The rate of change of Italian consumer price index (CPI) was 0.1 per cent month on month (MoM) and 0.8 per cent year on year (YoY) in June this year.

The CPI for clothing and footwear did not see any change MoM and rose by 1 per cent YoY in June.

The YoY growth rate of prices of non-regulated energy products increased from minus 13.5 per cent to minus 10.3 per cent and of regulated energy products increased from 0.7 per cent to 3.5 per cent in June.

In June, both core inflation (excluding energy and unprocessed food) and inflation excluding energy slowed down from 2 per cent to 1.9 per cent.

The YoY growth rate for goods prices in June was minus 0.7 per cent compared to minus 0.9 per cent in May.

In June, the rate of change of the Italian harmonised index of consumer prices (HICP) was 0.2 per cent MoM and 0.9 per cent YoY (from 0.8 per cent in May).

Fibre2Fashion News Desk (DS)

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