In dec 22 the prices of unregulated energy (which, while maintaining sustained growth, pass +69.9% to +63.3%), unprocessed food (from +11.4 % to +9.5%) and transport-related services (from +6.8% to +6.0%); on the other hand, support for the inflation trend derives from the acceleration in the prices of regulated energy (from +57.9% to +70.2%), processed food (from +14.3% to +14.9% ), recreational, cultural and personal care services (from +5.5% to +6.2%) and communications services (from +0.2% to +0.7%).

In December 2022, core inflation (i.e. excluding energy and fresh food) accelerated from +5.6% to +5.8% and that excluding energy alone rose from +6.1% to +6.2%

I’m from Italy. Official CPI rate as of dec 22 is 11,6%, near the top of nov 22 at 11,8%. The main item was energy with natural gas and electricity out of control due to silly sanctions against Russia. Wages are steady at the moment, so no inflationary spiral in place still. For now the top in inflation may be in, with a mild winter NG is way down and also elecricity with it lately. The big driver will be escalation of Ucrain conflict or not. The stronger Euro is helping.

Old one much better for me. Thanks for your excellent work.