Italy's harmonised consumer prices rose 1.6% year-on-year on February 2026, above the expected 1.1%, and accelerating from a 1% increase in January. This marks the highest reading since late September. source: National Institute of Statistics (ISTAT)

Harmonised Inflation Rate YoY in Italy averaged 2.67 percent from 1990 until 2026, reaching an all time high of 12.60 percent in October of 2022 and a record low of -1.00 percent in September of 2020. This page includes a chart with historical data for Italy Harmonised Inflation Rate YoY. Italy Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

Harmonised Inflation Rate YoY in Italy is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Harmonised Inflation Rate YoY is projected to trend around 1.70 percent in 2027 and 1.90 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-23 09:00 AM
Harmonised Inflation Rate YoY Final
Jan 1% 1.2% 1% 1.0%
2026-03-03 10:00 AM
Harmonised Inflation Rate YoY Prel
Feb 1.6% 1% 1.1% 1.1%
2026-03-17 09:00 AM
Harmonised Inflation Rate YoY Final
Feb 1% 1.6% 1.6%


Related Last Previous Unit Reference
CPI Prel 101.20 100.40 points Feb 2026
Core Consumer Prices 101.20 100.40 points Feb 2026
Core Inflation Rate 2.40 1.70 percent Feb 2026
CPI Housing Utilities 100.90 100.80 points Feb 2026
CPI Transportation 99.30 98.20 points Feb 2026
Energy Inflation -6.60 -6.20 percent Feb 2026
Export Prices 130.00 129.80 points Dec 2025
Food Inflation 2.60 2.40 percent Feb 2026
GDP Deflator 115.98 115.54 points Sep 2025
Harmonised Consumer Prices 100.10 99.50 points Feb 2026
Harmonised Inflation Rate MoM 0.60 -1.00 percent Feb 2026
Harmonised Inflation Rate YoY 1.60 1.00 percent Feb 2026
Import Prices 118.60 120.00 points Dec 2025
Inflation Rate YoY 1.60 1.00 percent Feb 2026
Inflation Rate MoM 0.80 0.40 percent Feb 2026
PPI MoM -0.70 1.00 percent Dec 2025
Producer Prices 123.10 124.00 points Dec 2025
PPI YoY -1.40 -0.20 percent Dec 2025
Rent Inflation 3.80 3.80 percent Feb 2026
Services Inflation 3.60 2.50 percent Feb 2026


Italy Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
1.60 1.00 12.60 -1.00 1990 - 2026 percent Monthly
NSA