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EUROPEAN INFLATION: Italy Provisional 2025 Inflation Basket Weights

EUROPEAN INFLATION
CEEMEABulletMarketsFixed Income BulletsForeign Exchange Bullets
  • Ahead of the 10:00GMT / 11:00CET Italian inflation release, Istat has released the provisional weights for 2025 with upward revisions for services & energy and downward revisions for core goods.
  • The main changes to the HICP ECOICOP divisions weights (see table below) are greater weight for housing and utilities ("Housing, water, electricity, gas and other fuels" revised +0.7pps), and less importance for recreation and culture (-1.0pps). See the table below.
  • The inflation weights are usually revised alongside the final release on 21 February 2025.
  • The 2025 CPI NIC weights for the main special aggregates:
    • Services 44.0918% (vs 43.3978% in 2024)
    • Inflation ex energy, food, alcohol and tobacco 69.1245% (vs 69.5454% in 2024 i.e. the HICP definition of core)
    • Core inflation using the NIC definition (i.e. ex energy and unprocessed food): 82.5648% (vs 82.8803% in 2024)
    • NEIG 25.0327% (vs 26.1476% in 2024), Energy 10.7690% (vs 10.3568% in 2024)
  • Main products added to the basket to represent the changes in the household spending patterns or to improve the coverage of expenditure aggregates already represented in the basket, are: Speck, Women’s shorts, Ceiling lamp, Mattress topper, Bicycle inner tube, Windshield Wiper Blades, Dog waste bags, Pet bowls, and Ice cream cone.
  • COVID-19 antibody serological test and COVID-19 molecular swab test have been removed from the basket.
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  • Ahead of the 10:00GMT / 11:00CET Italian inflation release, Istat has released the provisional weights for 2025 with upward revisions for services & energy and downward revisions for core goods.
  • The main changes to the HICP ECOICOP divisions weights (see table below) are greater weight for housing and utilities ("Housing, water, electricity, gas and other fuels" revised +0.7pps), and less importance for recreation and culture (-1.0pps). See the table below.
  • The inflation weights are usually revised alongside the final release on 21 February 2025.
  • The 2025 CPI NIC weights for the main special aggregates:
    • Services 44.0918% (vs 43.3978% in 2024)
    • Inflation ex energy, food, alcohol and tobacco 69.1245% (vs 69.5454% in 2024 i.e. the HICP definition of core)
    • Core inflation using the NIC definition (i.e. ex energy and unprocessed food): 82.5648% (vs 82.8803% in 2024)
    • NEIG 25.0327% (vs 26.1476% in 2024), Energy 10.7690% (vs 10.3568% in 2024)
  • Main products added to the basket to represent the changes in the household spending patterns or to improve the coverage of expenditure aggregates already represented in the basket, are: Speck, Women’s shorts, Ceiling lamp, Mattress topper, Bicycle inner tube, Windshield Wiper Blades, Dog waste bags, Pet bowls, and Ice cream cone.
  • COVID-19 antibody serological test and COVID-19 molecular swab test have been removed from the basket.
image