Italy's inflation edges up to 1.7% in June 2025: Istat
The annual rise in the all-item index was primarily driven by higher prices for transport-related services (from 2.6 per cent to 2.9 per cent), and durable goods (from -1.1 per cent to -0.8 per cent). In contrast, the annual growth in regulated energy product prices slowed, falling from 29.3 per cent to 22.6 per cent.
In June 2025, core inflation was 2 per cent (up from 1.9 per cent in May) and inflation excluding energy was 2.1 per cent (as same as in the previous month), Istat said in a press release.
Italy's consumer price index (NIC) rose by 0.2 per cent in June 2025 and 1.7 per cent YoY, slightly up from May, as per Istat. The rise was driven by higher transport and durable goods prices, while energy prices declined. Core inflation stood at 2 per cent. The harmonised index (HICP) rose 1.8 per cent annually, impacting lower-income households more than higher-income ones.
As for goods, YoY growth rate was 0.9 per cent (from 0.8 per cent in May). The inflationary gap between services and goods was 1.8 percentage points (pp) which is as same as in the previous month.
The prices of regulated energy products declined by 3 per cent, while those of non-regulated energy products fell by 0.7 per cent.
In June 2025, the Italian harmonised index of consumer prices (HICP) increased by 0.2 per cent on monthly basis and by 1.8 per cent on annual basis (from 1.7 per cent in May); the flash estimate was 1.7 per cent.
In the second quarter of 2025, inflation measured by HICP had a wider impact on the sub-population with the lowest level of equivalent expenditure (2 per cent) than on households with highest amount (+1.8 per cent), added the release.
Fibre2Fashion News Desk (SG)
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