Inflation rises to 1.3% in July - ISTAT

(ANSA) - ROME, JUL 31 - Italy's national consumer price index for the whole nation (NIC), gross of tobacco products, in July rose by 0.5% on a monthly basis and 1. 3% on an annual basis, from +0,8% the previous month, according to preliminary estimates released by ISTAT on Wednesday.
    The increase on an annual basis of the all-item index was mainly due to the prices of regulated energy products (from +3.5% to +11.3%), non-regulated energy products (from -10.3% to -6.1%), tobacco (from +3.4% to +4.1%) and services including personal care (from +4.0% to +4.4%).
    The prices of unprocessed foods (from +0.3% to -0.3%), various services (from +1.8% to +1.5%), non-durable goods (from +1.3% to +1.0%), processed food including alcohol (from +2.0% to +1.8%) and durable goods (from -1.0% to -1.2%) instead slowed down, ISTAT said.
    In July 2024, core inflation (without energy and unprocessed food) was stable at +1.9% and inflation excluding energy declined (from +1.9% to +1.8%). (ANSA).