2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

Italy : CPI  
Released On 1/16/2018 4:00:00 AM For Dec, 2017
PriorConsensusActual
Month over Month0.4 %0.4 %0.4 %
Year over Year0.9 %0.9 %0.9 %

Highlights
There were no revisions to the provisional CPI in December's final report. A monthly 0.4 percent increase in prices matched the earlier estimate and left the annual inflation rate at 0.9 percent, in line with its final November outturn.

The final HICP similarly matched its flash mark and so still shows a 0.3 percent monthly rise and a 1.0 percent yearly rate, down 0.1 percentage points from its final mid-quarter print.

As indicated in the provisional release, the main upside pressure on the monthly change in the annual CPI rate came from transport services (2.8 percent after 2.2 percent). However, this was offset by a slowdown in both non-processed foods (2.4 percent from 3.2 percent) and non-regulated energy (4.4 percent from 5.0 percent). As a result, the yearly core rate, which excludes fresh food and energy, held steady at 0.4 percent.

Underlying inflation in Italy continues to move sideways and, notwithstanding the recent improvement in the real economy, at a low enough level to mean that deflation risks cannot be ignored.

Definition
The consumer price index (CPI) is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly and annual changes in the CPI provide widely used measures of inflation. A provisional estimate, with limited detail, is released about two weeks before the final data are reported.  Why Investors Care
 
 

2018 Release Schedule
Released On: 1/51/162/22/222/283/163/304/174/305/165/316/156/287/177/31
Release For: DecDecJanJanFebFebMarMarAprAprMayMayJunJunJul
 
Released On: 8/138/319/149/2810/1610/3111/1611/3012/14
Release For: JulAugAugSepSepOctOctNovNov
 


powered by  [Econoday]