The energy sinks consumer prices (-0.2%): red 22 large cities – Il Sole 24 Ore

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This article was published April 14, 2016 at 10:49.
the last change is the April 14, 2016 at 14:51.

falling prices on an annual basis in 22 major cities, from north to south. They were 20 to February. According to Istat within the group also Roma (-0.5%), Florence (-0.4%), Naples (-0.1%) and Milan (-0.1%). The strongest declines were reported in Bari and Potenza (both -1.0%).

In March, moreover, the second consecutive month in “red” to consumer prices. The definitive particulars Istat confirmed preliminary estimates, a decline of 0.2% due primarily to energy price collapse. On a monthly basis, however, growth was 0.2% due mainly to the slight increases in services, while goods remain just outside the goal. The drop in petrol and diesel double digit drags down by almost three points the energy voice, more than offsetting the slight increases present elsewhere, in particular in the area of ​​durable goods. Negative also given food, in particular the fall in prices in the sector “fresh.”

To the basket with the highest frequency of purchase annual braking is even wider: a fall of 1.1% trend, up from the 0.8% in February braking. The risk-deflation therefore remains concrete, even if some signs of stabilization in March is visible. Excluding the more volatile components, that is, fresh food and energy, the core component of inflation is growing year on year to 0.6% (from 0.5% in February) and remained positive (+ 0.1%) also on monthly basis.

of note, also due to the Easter holidays (2016 to March), the growth of the air transport prices (+ 11.6%) and tourist services: for prices of hotels there is an economic growth of 1.5%.

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