{"id":946709,"date":"2026-10-30T19:12:23","date_gmt":"2026-10-30T19:12:23","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/946709\/"},"modified":"2026-10-30T19:12:23","modified_gmt":"2026-10-30T19:12:23","slug":"italy-october-preliminary-cpi-5-4-vs-4-6-y-y-expected","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/946709\/","title":{"rendered":"Italy October preliminary CPI +5.4% vs +4.6% y\/y expected"},"content":{"rendered":"<p>Prior +4.2%HICP +5.6% vs +4.6% y\/y expectedPrior +4.2%<\/p>\n<p>Inflation accelerated sharply in October 2026, but the increase was primarily driven by energy prices, with both regulated and non-regulated energy products recording significant increases. Regulated energy inflation surged from 25.8% to 59.5% y\/y, while non-regulated energy prices accelerated from 22.5% to 29.4%. Higher energy costs remain the dominant driver of the inflationary shock.<\/p>\n<p>However, price pressures were not limited to energy. Unprocessed food inflation accelerated from 5.5% to 7.5%, while processed food prices also returned to positive annual growth. Services inflation picked up more modestly, rising to 2.9% from 2.6%, with transport-related services accelerating to 3.1%.<\/p>\n<p>The goods component was particularly notable, with annual inflation jumping to 7.5% from 5.4%, while services inflation remained considerably more contained. This suggests that the latest acceleration is still heavily concentrated in goods and energy-related costs rather than reflecting an equally broad-based increase across the services sector.<\/p>\n<p>Overall, the data points to significant inflationary shock in Italy, largely driven by surging energy costs but increasingly spilling over into food and transportation prices. <\/p>\n","protected":false},"excerpt":{"rendered":"Prior +4.2%HICP +5.6% vs +4.6% y\/y expectedPrior +4.2% Inflation accelerated sharply in October 2026, but the increase was&hellip;\n","protected":false},"author":2,"featured_media":946710,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-946709","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/946709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=946709"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/946709\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/946710"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=946709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=946709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=946709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}