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Fibre2Fashion
a day ago
- Business
- Fibre2Fashion
Italy's inflation edges up to 1.7% in June 2025: Istat
Italy's national consumer price index (NIC) rose by 0.2 per cent in June 2025 compared to the previous month, and by 1.7 per cent year-over-year (YoY), slightly up from 1.6 per cent in May, confirming the flash estimate, according to Istituto Nazionale di Statistica (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)
Fibre2Fashion
30-06-2025
- Business
- Fibre2Fashion
Retail trade weakens but manufacturing lifts Italian outlook
Italy's consumer confidence index dipped slightly in June 2025, easing to 96.1 from 96.5 in May, according to the latest data released by Istituto Nazionale di Statistica (Istat). The decline was driven by drops in both the current climate (from 98.6 to 97.9) and personal climate (from 96.1 to 94.8) components. However, economic sentiment rose from 97.5 to 99.6, and the outlook remained steady at 93.7. Retail trade sentiment slipped to 101.9 from 102.8. While assessments on current sales improved (up from 15.1 to 19), business trend expectations deteriorated sharply (dropping from 21.7 to 14.7). Inventory levels saw a marginal decline. Italy's consumer confidence edged down to 96.1 in June 2025, weighed by weaker personal and current sentiment, despite improved economic outlook, as per Istat. Retail trade sentiment declined, led by falling business expectations. In contrast, the Economic Sentiment Indicator rose to 93.9. Manufacturing and market services showed moderate gains. However, business confidence presented a more upbeat picture, with Istat's Economic Sentiment Indicator (IESI) climbing from 93.1 to 93.9. Manufacturing confidence improved modestly, rising from 86.6 to 87.3, supported by stronger production expectations (balance up from -1.3 to 1), despite slightly weaker order book assessments and lower stock levels. Market services showed a positive trend, with confidence increasing to 95.6 from 94.5, as firms reported greater optimism in current business conditions and more favourable order book evaluations. Fibre2Fashion News Desk (SG)
