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Inflation: Confcommercio, negligible changes (for the moment)

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“Even in June, prices vary negligibly on average. Although since March of this year the economic profile of producer prices for the domestic market has recorded growth well above 1% and strongly accelerating in trend terms (+ 10% in May), the inflationary impulses at the origin did not occur. for the moment transmitted on consumer prices “. This was announced by the Confcommercio research office, commenting on the data on prices. “The acceleration of energy continues, leading to more than + 14% in trend terms, the component that alone explains, also through its indirect effects on other items of the index, the variation in prices as a whole. The core inflation remains, in fact, on the values ​​just above zero of the previous months – explain again from Confcommercio -. In this phase, therefore, there are no concrete risks of a loss of purchasing power due to the price effect, but the possible continuation of tensions on the side of energy raw materials and transport costs could lead in the coming months to a significant rise in the price. ‘overall inflation’.

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