THEItalian inflation in October it started to grow again, after the country had entered deflation in August for the first time since September 1959. France inflation, on the other hand, remained stable in October and grew by 0,5% on an annual basis; in Germany in October it was down by 0,3% compared to September, up by 0,8% on a trend basis; in Spain the fourth trend decline was recorded (-0,1%) while at the economic level prices in October increased by 0,1%.
According to the final data from Istat, the Nic index of consumer prices rose by 0,1% both on a short-term basis and compared to the same period of the previous year.
THEacquired inflation for 2014 it rises to 0,3%.
are the increases in light and gas, decided by the Authority with effect from 1 October, to have pushed the rise in consumer prices.” The recovery in inflation is mainly due to the downsizing trend in the prices of regulated energy goods (-2,6%, from -6,6% in September) ? with a decisive role played by natural gas (-5,9%, from -11,1% in the previous month) ? and Services relating to communications (-1,0%, from -5,6% in September)”, explains Istat.
Core inflation, calculated net of energy goods and fresh food, rose to 0,5% from +0,4% in September. Net of energy goods alone, inflation rose to +0,4% from +0,3% in September.
The prices of frequently purchased products however, they decreased by 0,1% on a monthly basis while they increased by 0,1% on an annual basis.
The prices of food, home and personal care products are unchanged on a monthly basis and grow by 0,1% on an annual basis.
