In July, the trend inflation falls by a tenth of a percentage point from the June record (+ 8.0%) to + 7.9%, while the consumer price index records an increase of 0.4% on a monthly basis . This is the result of the Istat estimates of July. The slowdown was affected by the decline in energy goods (from + 48.7% in June to + 42.9%) thanks above all to regulated energy goods (from + 64.3% to + 47.8%) and only to a minimal extent from non-regulated energy sources (from + 39.9% to + 39.8%). “Core inflation”, net of energy and fresh food, accelerates from + 3.8% to + 4.1% and that net of energy alone from +4.2 to + 4.7%.
Strong acceleration in the prices of the so-called “shopping cart”, which reaches a record level of + 9.1%, thus recording an increase that has not been observed since September 1984. This was reported by Istat in its preliminary estimates for July. In fact, both the prices of food goods, for home and personal care (from + 8.2% to + 9.1%) and those of products with a high frequency of purchase (from + 8.4%) are accelerating. at + 8.7%).
The inflation acquired for 2022, or the one that would be obtained assuming a zero change in the remainder of the year, is equal to + 6.7% for the general price index, and + 3.3% for the component background, (net of energy and fresh food).
ANSA agency
In the second quarter of 2022, Istat estimates that gross domestic product increased by 1% compared to the previous quarter and by 4.6% in trend terms. The growth acquired for this year improves to + 3.4%. Germany has stalled, with GDP at zero growth (ANSA)
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The inflation figure (+ 7.9%) “remains extremely worrying, especially if we consider that the rate relating to the shopping cart grows by + 9.1%: the highest figure since September 1984”. So Federconsumatori. This means that families will have to deal with an increase of 2,354 Euros per year, of which 509.60 Euros only in the food sector. According to the updated findings of the ONF – National Federconsumatori Observatory, the consumption thermometer marks strong imbalances: for fishing) and more and more people avoid eating outside the home. Personal care expenses are decreasing (the products of which mark marked increases). Health expenses are also significantly decreasing: non-urgent specialist visits and dental care are being cut, but above all, prevention is being cut. “The Government – says Michele Carrus, President of Federconsumatori, – is called to intervene urgently to deal with this situation, which puts families and the entire economic system in difficulty every day. It is essential to adopt measures of income support by operating, on the one hand, a reform of VAT rates and excise duties and general system charges in the bill, on the other, a reduction in the tax wedge on salaries, together with a strengthening of social interventions, by widening the thresholds Isee of access to benefits up to the increase of their economic value “.
Inflation in the Eurozone touches a new record: in July it rose to 8.9%, from 8.6% in June, levels never recorded since the birth of the Economic and Monetary Union. This was announced by Eurostat in its flash estimate. The rise in average inflation continues to be driven by the dynamics of energy prices: + 39.7% in July, compared to + 42% in June. Followed by food, alcohol and tobacco (9.8%, compared to 8.9% in June), non-energy industrial goods (4.5%, compared with 4.3% in June) and services (3.7%, against 3.4% in June).
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