{"id":437299,"date":"2026-09-01T17:00:16","date_gmt":"2026-09-01T10:00:16","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/italy-august-preliminary-cpi-3-3-vs-3-3-y-y-expected-437299\/"},"modified":"2026-09-01T17:00:16","modified_gmt":"2026-09-01T10:00:16","slug":"italy-august-preliminary-cpi-3-3-vs-3-3-y-y-expected","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/italy-august-preliminary-cpi-3-3-vs-3-3-y-y-expected-437299\/","title":{"rendered":"Italy August preliminary CPI +3.3% vs +3.3% y\/y expected"},"content":{"rendered":"<div>\n<ul style=\"box-sizing: inherit; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-variant-numeric: inherit; font-variant-east-asian: inherit; font-variant-alternates: inherit; font-variant-position: inherit; font-weight: 400; font-stretch: inherit; font-size: 16px; line-height: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 20px; padding: 0 0 0 19px; font-family: Inter, InterFallback, serif; list-style: outside; text-indent: -3px; color: rgba(0, 0, 0, 1); letter-spacing: normal; orphans: 2; text-transform: none; widows: 2; word-spacing: 0; white-space: normal; background-color: rgba(255, 255, 255, 1); text-decoration-style: initial; text-decoration-color: initial\">\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">Prior +2.9%<\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">HICP +3.2% vs +3.4% y\/y expected<\/li>\n<li style=\"box-sizing: inherit; font-size-adjust: inherit; font-kerning: inherit; font-feature-settings: inherit; font-language-override: inherit; vertical-align: baseline; border: 0; margin: 0 0 4px; padding: 0\">Prior +2.9%<\/li>\n<\/ul>\n<p class=\"isSelectedEnd\">Italy&#8217;s inflation rate accelerated in August 2026, driven primarily by a sharp increase in energy costs.\u00a0The Consumer Price Index rose by 0.5% compared with July and increased by 3.3% on an annual basis, up from 2.9% in the previous month. <\/p>\n<p class=\"isSelectedEnd\">The main driver behind the acceleration was the energy sector. Prices for non-regulated energy products climbed 16.9% y\/y, accelerating from 11.4% in July. Meanwhile, regulated energy products rose 18.8% annually, compared with 14.8% in the previous month.<\/p>\n<p class=\"isSelectedEnd\">The strong rise in energy prices contributed significantly to the monthly increase in the overall index. Regulated energy products increased by 3.2% compared with July, while non-regulated energy products rose by 2.8%.<\/p>\n<p class=\"isSelectedEnd\">While energy costs pushed headline inflation higher, price pressures in several service sectors moderated.\u00a0Annual inflation for services related to recreation, repair and personal care slowed to 2.6% from 3.0% in July. Transport-related services also recorded a noticeable deceleration, with annual growth easing to 0.9% from 1.6%.\u00a0As a result, overall services inflation declined to 2.4% y\/y, down from 2.7% in the previous month. <\/p>\n<p class=\"isSelectedEnd\">Inflation for goods accelerated considerably during August. The annual growth rate for goods rose to 4.1%, compared with 3.2% in July, highlighting the growing impact of higher energy costs on the broader goods sector.\u00a0The widening gap between goods and services inflation suggests that energy-related price pressures remain concentrated in physical products rather than labor-intensive service industries.<\/p>\n<p class=\"isSelectedEnd\">The data should reinforce ECB&#8217;s lack of appetite for further tightening and might lead to a less hawkish stance. Overall, US-Iran developments and oil prices will continue to be important for inflation and might keep central banks on a more defensive stance for longer, that unless growth data starts to disappoint.<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior +2.9% HICP +3.2% vs +3.4% y\/y expected Prior +2.9% Italy&#8217;s inflation rate accelerated in August 2026, driven primarily by a sharp increase in energy costs.\u00a0The Consumer Price Index rose by 0.5%&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-437299","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=437299"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/437299\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=437299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=437299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=437299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}