• <a fr-original-style="" href="https://www.reuters.com/markets/europe/italy-october-eu-harmonised-cpi-revised-126-yy-2022-11-16/" rel="noopener noreferrer" style="color: rgb(9, 9, 9); text-decoration: none; background-color: transparent; outline: none; cursor: pointer; transition: color 0.3s ease 0s; touch-action: manipulation; user-select: auto; box-sizing: border-box;" target="_blank">Italian EU-harmonized consumer prices</a> (HICP) rose 3.8% month-on-month in October and 12.6% from a year ago, data from the official statistics agency ISTAT revealed on Wednesday, revising down a preliminary estimate of a 4.0% month-on-month and a 12.8% year-on-year increase. October's 12.6% annual hike was up from +9.4% in September.<ul fr-original-style="padding-inline-start: 20px;" style="padding-inline-start: 20px; margin-top: 0px; margin-bottom: 1em; list-style-position: inside; box-sizing: border-box;"><li fr-original-style="" style="box-sizing: border-box;">Furthermore: The main domestic price index (NIC), rose 3.4% on the month and increased 11.8% annually —the highest since March 1984— accelerating from an 8.9% annual increase in September. Core inflation, which excludes the volatile fresh food and energy prices— rose 5.7% year-on-year in October, up from +5.3% in the month prior.</li></ul>

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