In October, the Istat flash estimate sees inflation accelerating again from +2.5 to + 2.9% on an annual basis. According to Lucio Poma, Nomisma’s chief economist. there are three reasons why the data does not appear too worrying. “First, the country is growing even faster than inflation: the preliminary ISTAT estimate for the third quarter sees Italy grow by 2.6%, which projects it towards an estimated annual growth of over 6%. Second, the growth of Italian inflation at 2.9% is considerably lower than the eurozone average which is positioned at 4.1% Third, core inflation remains almost stable + 1.1% (it was + 1% in September). It remains true that the volatile component of the prices of energy goods begins to affect the purchasing power of consumers, weighing on the users of the house, on the cost of gasoline, making many estimates revise upwards, for example, for the renovation of the house. This erosion of purchasing power can hardly be compensated by companies, in terms of wage increases, as the companies themselves, due to the high energy costs, suffer an increase in costs that often fail to translate on the prices of final goods, eroding them. the margins significantly ”, concludes Poma.