In April, inflation accelerated more than expected in Italy
In Italy, instead of the 8.2 percent expected by analysts, consumer prices rose by 8.3 percent year-on-year in April, after a 7.6 percent increase in March, the Italian statistics office, Istat, announced on Tuesday based on preliminary data.
Based on preliminary data from Istat, consumer prices rose by 0.5 percent on a monthly basis instead of the 0.3 percent increase predicted by analysts, after registering a 0.4 percent monthly decrease in March.
In its announcement, Istat noted that the acceleration of annual inflation was primarily caused by the increase in unregulated energy prices. The annual increase in unregulated energy prices accelerated to 26.7 percent in April after 18.9 percent in March. Regulated energy prices showed a 26.4 percent decrease in April, while a 20.3 percent decrease in March.
In the case of processed food, unprocessed food, and transport services, the growth rate of consumer prices slowed down in April.
Related news
GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >Accelerating inflation in Hungary: brutal food price hikes and measures of questionable effectiveness
Inflation in Hungary accelerated again in February 2025: consumer prices…
Read more >Analyst: Food pricing, which involves huge extra profits, must be brought within reasonable limits
Food pricing, which represents a huge extra profit for food…
Read more >Related news
OKSZ: margin is not profit!
The international food retailer member companies of the National Trade…
Read more >Viktor Orbán on Kossuth Radio: traders cannot add more than 10 percent to the purchase price
Traders cannot add more than 10 percent to the purchase…
Read more >GKI Analysis: Why are food prices constantly rising?
In recent times, the rise in the prices of basic…
Read more >