Core consumer prices in Italy increased 0.80 percent in March of 2021 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Core Inflation Rate in Italy averaged 1.61 percent from 1997 until 2021, reaching an all time high of 3.06 percent in August of 2008 and a record low of 0.10 percent in September of 2020. This page provides the latest reported value for - Italy Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Core Inflation Rate - values, historical data and charts - was last updated on April of 2021.

Core Inflation Rate in Italy is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Italy to stand at 1.10 in 12 months time. In the long-term, the Italy Core Inflation Rate is projected to trend around 1.40 percent in 2022 and 1.70 percent in 2023, according to our econometric models.

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Italy Core Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
0.80 0.90 3.06 0.10 1997 - 2021 percent Monthly
2010=100, NSA

Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 0.80 0.60 25.64 -0.60 percent [+]
Inflation Rate Mom 0.30 0.10 3.50 -2.40 percent [+]
Consumer Price Index CPI 103.70 103.40 103.70 3.60 points [+]
Harmonised Consumer Prices 104.20 102.40 104.20 67.50 points [+]
Core Consumer Prices 103.40 103.20 103.70 69.10 points [+]
Core Inflation Rate 0.80 0.90 3.06 0.10 percent [+]
GDP Deflator 105.70 104.45 105.70 63.97 points [+]
Producer Prices 103.00 102.50 106.60 61.80 points [+]
Producer Prices Change 0.70 -0.30 9.20 -7.60 percent [+]
Export Prices 115.80 114.10 115.80 6.00 points [+]
Import Prices 107.70 106.30 111.40 46.50 points [+]
Food Inflation 0.20 0.40 6.26 -1.18 percent [+]
CPI Housing Utilities 103.10 102.90 106.30 56.90 points [+]
CPI Transportation 106.80 104.70 109.50 61.90 points [+]


Italy Core Inflation Rate
In Italy, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.