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Stop deflation, zero inflation in April

The drop in prices stops. Preliminary estimates by Istat indicate that inflation rose by 0,3% in April compared to March and goes back to zero on an annual basis. In March, the comparison with 2014 showed a -0,1%. Even in the Eurozone, price growth is coming out of negative territory

Stop deflation, zero inflation in April

Stop deflation in April. In fact, the inflation rate went back to zero from -0,1% in March. Istat communicates it by releasing the preliminary estimates, specifying that the consumer price index increases by 0,3% on a monthly basis.
The inflation rate is back to zero as it was last December, after three months of deflation. The harmonized index at European level (IPCA) increases by 0,5% on a monthly basis while, as in March, it records a zero trend rate. Net of unprocessed food and energy goods, "core inflation" is stable at +0,4% and net of energy goods alone it is stationary at +0,6%. Inflation acquired for 2015 rises to +0,1% (from -0,1% in March).

The so-called 'shopping cart' is stable: the prices of food, home and personal care products – according to preliminary data from Istat – show no cyclical variation and growth on an annual basis stable at 0,8%.  

EU-19: inflation comes out of negative territory, it's at zero  – The Eurozone inflation rate rises in April, moving out of negative territory. According to Eurostat's flash estimate it is at zero, while in March it was -0,1%. Looking at the inflation components, Eurostat indicates: for services (0,9% in April against 1% in March), for food, alcoholic beverages and tobacco (0,9% against 0,6% in March) which should experience the highest rate in April, for industrial goods (0,1% against 0% in March) and for energy (-5,8% against -6%).   

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