Cost of food in Italy increased 1.70 percent in July of 2026 over the same month in the previous year. Food Inflation in Italy averaged 2.34 percent from 1997 until 2026, reaching an all time high of 13.60 percent in November of 2022 and a record low of -1.30 percent in August of 1997. source: National Institute of Statistics (ISTAT)
Food Inflation in Italy is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Food Inflation is projected to trend around 2.00 percent in 2027 and 1.90 percent in 2028, according to our econometric models.