Inflation collapses, reaching its lowest levels since October 2009 in June. This is certified by Istat, according to which the national consumer price index for the entire community (Nic), gross of tobacco , increased by 0,1% compared to the previous month and by 0,3% compared to June 2013, slowing down compared to May (+0,5%).
Also in June, food prices fell by 0,6%, the lowest level since September 1997. And it is precisely the decline in unprocessed food prices that is the main reason for the decline in inflation, contributing to to a lesser extent also the decelerations of the growth on an annual basis of the prices of processed food, non-regulated energy goods and services relating to housing.
"Core inflation", net of unprocessed food and energy goods, stood at 0,7% (from 0,8% in May). Net of energy goods alone, it would be 0,5% (from +0,6% in the previous month).
Inflation acquired for 2014 is stable at 0,3%. Compared to June 2013, the prices of goods decreased by 0,3% (it was -0,1% in May) and the growth rate of the prices of services decreased to 0,8% (from +0,9% in the previous month ). Thus, the inflation differential between services and goods widens by a tenth of a percentage point compared to May 2014.
Finally, again according to Istat, the prices of food, home and personal care products remained stationary compared to May, but recorded a drop of 0,5% on an annual basis. Also in this case it is the lowest value since September 1997.
