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Italy’s July Inflation Eases to 1.7% Year-on-Year While Core Prices Remain Stable

Source link : https://www.mondialnews.com/2025/08/01/italys-july-inflation-eases-to-1-7-year-on-year-while-core-prices-remain-stable/

Italy’s annual consumer price inflation slowed to 1.7 percent in July, according to the latest EU-harmonised figures released on Thursday. The data, reported by Reuters, also showed that core inflation – which excludes volatile energy and food prices – remained stable, underscoring ongoing underlying price pressures amid a mixed economic outlook. This deceleration in headline inflation marks a notable development as policymakers monitor inflation trends across the eurozone.

Italy July EU harmonised CPI slows to moderate growth reflecting easing price pressures

Italy’s annual EU-harmonised Consumer Price Index (CPI) growth eased to 1.7% in July, marking a notable deceleration compared to previous months. The slowdown highlights a moderation in price pressures across key sectors, suggesting that inflationary dynamics are becoming less intense amid improving supply conditions and stabilizing energy costs. Market analysts view this as a positive signal of price stability, although underlying inflationary trends remain under scrutiny.

The core inflation measure, which excludes volatile food and energy prices, remained stable, further indicating that underlying demand-driven price pressures have not accelerated. Key factors contributing to this moderation include:

  • Reduced energy price volatility
  • Stabilisation in food prices
  • Moderated increases in services and goods costs
IndicatorJune 2024July 2024Change (p.p.)
EU-Harmonised CPI…

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Author : Miles Cooper

Publish date : 2025-08-01 02:52:00

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