Italy Inflation Rate  1962-2018 | Data | Chart | Calendar | Forecast

The annual inflation rate in Italy rose to 1.5 percent in July of 2018 from 1.3 percent in the previous month, unrevised from the preliminary estimate and above market expectations of 1.4 percent. It was the highest inflation rate since April last year, mostly due to higher prices of energy. Inflation Rate in Italy averaged 6.06 percent from 1962 until 2018, reaching an all time high of 25.64 percent in November of 1974 and a record low of -0.60 percent in January of 2015.

Italy Inflation Rate
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Italy July Inflation Rate Confirmed at 1.5%


The annual inflation rate in Italy rose to 1.5 percent in July of 2018 from 1.3 percent in the previous month, unrevised from the preliminary estimate and above market expectations of 1.4 percent. It was the highest inflation rate since April last year, mostly due to higher prices of energy.

Year-on-year, prices increased further for unprocessed food (3.6 percent compared to 3.4 percent in June) and processed food (1.8 percent compared to 1.7 percent). Also, cost edged up for energy (7.9 percent compared to 4.2 percent), boosted by regulated energy products (5.5 percent compared to -1.2 percent) and non-regulated (10.4 percent compared to 9.4 percent). Additionally, prices advanced faster for restaurants and hotels (1.2 percent compared to 1.0 percent); housing and utilities (2.6 percent compared to a flat reading); miscellaneous goods and services (2.6 percent compared to 2.3 percent) and alcoholic beverages and tobacco (3.8 percent compared to 3.5 percent). On the other hand, cost slowed for recreation and culture (0.2 percent compared to 0.9 percent) and clothing and footwear (0.1 percent compared to 0.2 percent). In addition, prices of health fell (-0.1 percent compared to a flat reading) and inflation was steady for furniture and household equipment (0.2 percent, the same as in June).

Annual core inflation rate, which excludes energy and unprocessed food went up 0.7 percent, easing from 0.8 percent in June. Excluding only energy, inflation rose 0.9 percent after a 1.0 percent increase in the prior month.

On a monthly basis, consumer prices advanced 0.3 percent, following a 0.2 percent gain in the previous month, in line with market consensus and unrevised from the preliminary figure.

The harmonised index of consumer prices edged up by 1.9 percent from the previous year (vs 1.4 percent in June) while declined by 1.4 percent from the prior month (vs 0.2 percent in June).


Istat | Stefanie Moya | stefanie.moya@tradingeconomics.com
8/13/2018 8:37:24 AM


Recent Releases

Italy Inflation Rate at 15-Month High of 1.5%
The annual inflation rate in Italy is expected to increase to 1.5 percent in July of 2018 from 1.3 percent in the previous month, beating market expectations of 1.4 percent. It was the highest inflation rate since April of 2017, mainly due to rising prices of energy.
Published on 2018-07-31

Italy June Inflation Rate Revised Down to 1.3%
The annual inflation rate in Italy increased to 1.3 percent in June of 2018 from 1.0 percent in the previous month, lower than a preliminary estimate of a 1.4 percent gain and below market expectations of 1.4 percent. It was the highest inflation rate since May of 2017, boosted by non-regulated energy; unprocessed food and services related to transport.
Published on 2018-07-17

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Inflation rate in Italy is expected to increase to 1.4 percent in June of 2018 from 1 percent in the previous month, beating market expectations of 1.3 percent. It was the highest inflation rate since May of 2017, mainly due to rising prices of both processed and unprocessed food, non-regulated energy products and services related to transport.
Published on 2018-06-28

Italy Inflation Rate Revised Down to 1% in May
Inflation rate in Italy increased to 1 percent in May of 2018 from 0.5 percent in April, below the preliminary estimate of 1.1 percent. Still, it was the highest inflation rate since October of 2017.
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Calendar GMT Actual Previous Consensus TEForecast
2018-07-17 09:00 AM Inflation Rate YoY Final 1.3% 1% 1.4% 1.4%
2018-07-31 09:00 AM Inflation Rate YoY Prel 1.5% 1.3% 1.4% 1.3%
2018-08-13 08:00 AM Inflation Rate YoY Final 1.5% 1.3% 1.4% 1.5%
2018-08-31 09:00 AM Inflation Rate YoY Prel 1.5% 1.4%
2018-09-14 08:00 AM Inflation Rate YoY Final 1.5%
2018-09-28 09:00 AM Inflation Rate YoY Prel 1.5%


Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 1.50 1.30 25.64 -0.60 percent [+]
Inflation Rate Mom 0.30 0.20 3.50 -2.40 percent [+]
Consumer Price Index CPI 102.70 102.50 102.70 3.60 Index Points [+]
Harmonised Consumer Prices 102.00 103.50 103.50 67.50 Index Points [+]
Core Consumer Prices 102.40 102.30 102.40 69.10 Index Points [+]
Core Inflation Rate 0.70 0.80 3.06 0.20 percent [+]
GDP Deflator 108.24 108.27 108.27 63.97 Index Points [+]
Producer Prices 102.80 102.50 106.60 61.70 Index Points [+]
Producer Prices Change 2.90 2.40 9.20 -7.60 percent [+]
Export Prices 107.80 107.50 107.80 6.00 Index Points [+]
Import Prices 107.10 105.50 111.40 46.50 Index Points [+]
Food Inflation 2.40 2.40 6.26 -1.18 percent [+]
CPI Housing Utilities 102.50 100.20 102.50 56.90 Index Points [+]
CPI Transportation 106.30 106.20 106.30 61.90 Index Points [+]


Italy Inflation Rate

In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (14 percent); restaurants and hotels (11 percent) and housing, water, electricity and other fuels (11 percent). The index also includes: Miscellaneous goods and services (9 percent); health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 7 percent. This page provides the latest reported value for - Italy Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Inflation Rate - actual data, historical chart and calendar of releases - was last updated on August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.50 1.30 25.64 -0.60 1962 - 2018 percent Monthly
2010=100




inflation rate by Country
Country Last
Australia 2.10 Jun/18
Brazil 4.48 Jul/18
Canada 3.00 Jul/18
China 2.10 Jul/18
Euro Area 2.10 Jul/18
France 2.30 Jul/18
Germany 2.00 Jul/18
India 4.17 Jul/18
Indonesia 3.18 Jul/18
Italy 1.50 Jul/18
Japan 0.70 Jun/18
Mexico 4.81 Jul/18
Netherlands 2.10 Jul/18
Russia 2.50 Jul/18
South Korea 1.50 Jul/18
Spain 2.20 Jul/18
Switzerland 1.20 Jul/18
Turkey 15.85 Jul/18
United Kingdom 2.50 Jul/18
United States 2.90 Jul/18


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