Core consumer prices in Italy increased 0.60 percent in July of 2021 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Core Inflation Rate in Italy averaged 1.59 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 October of 2021.

Core Inflation Rate in Italy is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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

Italy Last Unit Reference Previous Highest Lowest
Inflation Rate 2.50 percent Sep/21 2.00 25.64 -0.60
Inflation Rate Mom -0.20 percent Sep/21 0.40 3.50 -2.40
Harmonised Consumer Prices 105.70 points Sep/21 104.30 105.70 67.50
Consumer Price Index CPI 104.90 points Sep/21 105.10 105.10 3.60
Core Inflation Rate 1.10 percent Sep/21 1.20 3.06 0.10
Core Consumer Prices 104.00 points Sep/21 104.30 104.30 69.10
GDP Deflator 106.72 points Jun/21 105.66 106.72 63.97
Producer Prices 111.60 points Aug/21 111.10 111.60 61.80
Producer Prices Change 11.60 percent Aug/21 11.20 11.60 -7.60
Export Prices 120.50 points Aug/21 119.40 120.50 6.00
Import Prices 115.40 points Aug/21 114.80 115.40 46.50
Food Inflation 1.10 percent Sep/21 0.80 6.26 -1.18
CPI Transportation 109.20 points Sep/21 110.80 110.80 61.90
CPI Housing Utilities 107.90 points Sep/21 107.80 107.90 56.90

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.