In April 2011, Italy’s national consumer price index (NIC) increased by 0.5% monthly and 2.6% annually compared to April 2010. The IPCA, an harmonized index, rose 1.0% monthly and 2.9% annually. Inflation for the broader population (FOI) grew 0.5% monthly and 2.6% annually. Core inflation, excluding energy and fresh food, reached 1.8%, up from 1.7% in March. Energy and transport services drove inflation, with regulated energy prices contributing significantly. Monthly price increases for frequently purchased goods rose 0.3%, while medium-frequency items surged 1.0% monthly. Annual inflation for goods hit 2.9%, outpacing services’ 2.2% growth, narrowing the goods-services inflation gap by 0.1 percentage points.
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