Inflation: Confcommercio, short moderate acceleration in prices – Italian Stock Exchange

After the June Istat (Il Sole 24 Ore Thomson Plus) – Rome, 30 Jun – The cyclical variation in inflation, albeit less favorable (+ 0.1%) compared to expectations “incorporates some clues that lead to assume, in the short term, a moderate acceleration of the dynamics of prices on an annual basis “. And ‘the Confcommercio Studies Office comments to preliminary data released today by ISTAT. So, according to data from the Institute for Confcommercio, it “confirms a return of inflation into positive territory for the end of the summer.” On the other side, “what ‘it raises some concerns and’ almost continuous reduction between February and June, the confidence of households, a phenomenon confirmed by the growth of the propensity to save in the first half of 2016. Therefore, a certain weakness of the Real household spending seems to be reflected in the inadequate pricing dynamics. in conclusion, in relation to new and growing uncertainties on the international level, increase the risks of a downward correction in the growth rate of the Italian economy already ‘in 2016. “

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(RADIOCOR) 06/16/30 16:33:18 (0470) ENE, IMM, ASS 5 NNNN