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Istat puts Italy's consumer price inflation at 5.4 per cent for October

Istat, the body that produces Italy's official statistics, released a preliminary estimate on 30 October. It said the Italian consumer price index for the whole nation, called the NIC, was 5.4 per cent higher in October 2026 than a year earlier, up from 4.2 per cent the month before. Compared with September the index rose 0.9 per cent. Istat traced the acceleration mainly to energy: regulated energy products were 59.5 per cent dearer over the year and non-regulated energy products 29.4 per cent dearer. Unprocessed food prices rose 7.5 per cent. The harmonised index of consumer prices, the HICP used for comparisons across Europe, was 5.6 per cent higher over the year.

Annual rise in NIC: +5.4% Previous month: +4.2% Monthly rise: +0.9% Annual rise in HICP: +5.6% Published: 30 October 2026
Why it matters for exams: Istat as the publisher of Italy's price index, and the NIC and HICP abbreviations, are the durable facts here.
Kerala PSCUPSCBank
30 October 2026 Source: Istat

In plain words

NIC Italian consumer price index for the whole nation — Italy's national consumer price index.

HICP Harmonised Index of Consumer Prices — The price index built to the same rules across Europe so countries can be compared.

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