The EU-harmonised inflation rate in Italy fell by 1.0% month-on-month in July 2026, matching preliminary estimates but reversing a flat reading in the previous month. Harmonised Inflation Rate MoM in Italy averaged 0.22 percent from 1990 until 2026, reaching an all time high of 3.80 percent in October of 2022 and a record low of -2.50 percent in January of 2015. source: National Institute of Statistics (ISTAT)



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-31 09:00 AM
Harmonised Inflation Rate MoM Prel
Jul -1% 0% -1.0% -0.8%
2026-08-12 08:00 AM
Harmonised Inflation Rate MoM Final
Jul -1% 0% -1% -1.0%
2026-09-01 09:00 AM
Harmonised Inflation Rate MoM Prel
Aug -1% -0.1%


Related Last Previous Unit Reference
CPI Prel 103.30 103.10 points Jul 2026
Core Consumer Prices 102.30 102.00 points Jul 2026
Core Inflation Rate 1.60 1.60 percent Jul 2026
CPI Housing Utilities 106.10 105.60 points Jul 2026
CPI Transportation 105.00 104.50 points Jul 2026
Energy Inflation 10.80 13.00 percent Jul 2026
Export Prices 135.50 137.50 points Jun 2026
Food Inflation 1.40 1.80 percent Jul 2026
GDP Deflator 116.89 116.82 points Mar 2026
Harmonised Consumer Prices 102.60 103.60 points Jul 2026
Harmonised Inflation Rate MoM -1.00 0.00 percent Jul 2026
Harmonised Inflation Rate YoY 2.90 3.00 percent Jul 2026
Import Prices 132.90 133.80 points Jun 2026
Inflation Rate YoY 2.90 3.00 percent Jul 2026
Inflation Rate MoM 0.30 0.00 percent Jul 2026
PPI MoM 0.00 -0.20 percent Jun 2026
Producer Prices 130.00 130.00 points Jun 2026
PPI YoY 5.80 7.30 percent Jun 2026
Rent Inflation 3.30 3.60 percent Jul 2026
Services Inflation 2.60 2.60 percent Jul 2026


Italy Harmonised Inflation Rate MoM
Actual Previous Highest Lowest Dates Unit Frequency
-1.00 0.00 3.80 -2.50 1990 - 2026 percent Monthly
NSA