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15 June 2021 The prices of food, home and personal care goods amplify their decline (from -0.7% to -0.9%), while those of high-frequency purchasing products accelerate (from +1 , 0% to + 1.4%).



Istat notes it. "The prices of the so-called 'shopping cart - comments Istat - further widen their decline (from -0.7% to -0.9%), recording the most marked decline since the time series of this group is available of products (January 1996) ".  



In May, the national consumer price index for the whole community (NIC), gross of tobacco, is estimated to show a zero change on a monthly basis and an increase on an annual basis of 1.3% ( from + 1.1% of the previous month), confirming the preliminary estimate.



The tendential acceleration of inflation is essentially due to the prices of energy goods, whose growth passes from + 9.8% in April to + 13.8% due to the prices of the non-regulated component (which accelerated from +6.6 % to + 12.6%) while those of the regulated component continue to record a strong but stable increase (+ 16.8% as in April). This trend is only partially offset by the slowdown in the prices of recreational, cultural and personal care services, whose growth (+ 0.7% in April) is zero.



"In May, inflation accelerates for the fifth consecutive month, reaching levels not seen since November 2018 (when it was equal to + 1.6%) - reads the comment note -. Also in this month, as in the previous, inflation and its acceleration are essentially due to the prices of energy goods that drive their growth and net of which it stands at + 0.2%, a value equal to that of September 2020 (when, however, general inflation was negative and equal to -0.6%).



In this context, the prices of the so-called 'shopping cart' further widen their decline (from -0.7% to -0.9%), recording the most marked decline since when the time series for this product group is available (January 1996) ".



"Core inflation", net of energy and fresh food, and that net of energy goods alone, decelerated further, albeit slightly, and both increased to + 0.2% (from + 0.3% of April). The zero cyclical change in the general index is due to opposite dynamics: on the one hand, the growth in the prices of non-regulated energy goods (+ 1.1%) and unprocessed food (+ 1.0%), on the other , the decrease in the prices of recreational, cultural and personal care services (-0.8%).



The inflation acquired for 2021 is equal to + 1.2% for the general index and + 0.5% for the core component. The prices of food, household and personal care goods amplify their decline (from -0.7% to -0.9%), while those of high-frequency purchasing products accelerate (from +1.0 % to + 1.4%).



The harmonized index of consumer prices (HICP) decreases by 0.1% on a monthly basis (the preliminary estimate was of zero change) and increases on an annual basis by 1.2% (from + 1.0% in the month previous one); the preliminary estimate was + 1.3%. The national consumer price index for blue-collar and white-collar households (FOI), net of tobacco, recorded a decline of 0.1% on a monthly basis and an increase of 1.3% on an annual basis.