Italy Inflation Rate  1962-2017 | Data | Chart | Calendar | Forecast

Consumer prices in Italy increased 1.4 percent year-on-year in May of 2017, easing from a 1.9 percent rise in the previous period and matching preliminary estimates. Inflation slowed mainly for food and transport. Inflation Rate in Italy averaged 6.17 percent from 1962 until 2017, 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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Calendar GMT Actual Previous Consensus Forecast (i)
2017-05-15 08:00 AM Apr 1.9% 1.4% 1.8% 1.8%
2017-05-31 09:00 AM May 1.4% 1.9% 1.4% 1.7%
2017-06-15 08:00 AM May 1.4% 1.9% 1.4% 1.4%
2017-06-28 09:00 AM Jun 1.4% 1.1%
2017-07-14 08:00 AM Jun 1.4%
2017-07-31 09:00 AM Jul 1.35%




Italy Inflation Rate Confirmed At 1.4% In May


Consumer prices in Italy increased 1.4 percent year-on-year in May of 2017, easing from a 1.9 percent rise in the previous period and matching preliminary estimates. Inflation slowed mainly for food and transport.

Year-on-year, prices rose less for food and non-alcoholic beverages, namely unprocessed (1.9 percent vs 2.2 percent in April), transport (3.7 percent vs 5.6 percent), miscellaneous goods and services (0.9 percent vs 1 percent) and increased at the same pace for housing and utilities (3 percent)

In contrast, cost advanced faster for restaurants and hotels (1.9 percent vs 1.8 percent) and recreation and culture (0.5 percent vs 0.4 percent).

Annual core consumer prices, which exclude energy and unprocessed food went up 0.7 percent, compared to a 1.1 percent rise in the previous month. Excluding only energy, consumer prices rose 1 percent (from 1.3 percent in April).

On a monthly basis, consumer prices declined 0.2 percent, compared to a 0.4 percent increase in April

The harmonized index declined 0.1 percent on the month (0.8 percent in April) and rose 1.6 percent on the year (2 percent in April).

Istat |Luisa Carvalho | luisa.carvalho@tradingeconomics.com
6/15/2017 10:12:11 AM


Recent Releases

Italy Inflation Rate Slows To 1.4% In May
Consumer prices in Italy increased 1.4 percent year-on-year in May of 2017, easing from a 1.9 percent rise in the previous period and matching market expectations, preliminary estimates showed. Inflation slowed mostly for food and transport.
Published on 2017-05-31

Italy Inflation Rate Revised Up To 1.9% In April
Consumer prices in Italy increased 1.9 percent year-on-year in April of 2017, following a 1.4 percent rise in the previous period and above preliminary estimates of 1.8 percent. It is the highest inflation rate since February of 2013, mainly driven by prices of housing and utilities, namely electricity and natural gas and transport. On a monthly basis, consumer prices went up 0.4 percent, higher than preliminary estimates of 0.3 percent.
Published on 2017-05-15

Italy Inflation Rate At 4-Year High Of 1.8% In April
Consumer prices in Italy are expected to rise 1.8 percent year-on-year in April of 2017, following a 1.4 percent increase in March and above market expectations of 1.7 percent, according to preliminary estimates. It was the highest inflation rate since February of 2013, as prices rose at a faster pace for transport, housing and utilities, and restaurants and hotels. On a monthly basis, prices went up 0.3 percent, above consensus of 0.2 percent.
Published on 2017-04-28

Italian Inflation Rate Confirmed At 1.4% In March
Italian consumer prices increased by 1.4 percent year-on-year in March 2017, easing from a 1.6 percent gain in the previous month and matching the preliminary estimate. Prices rose at a slower pace for food and transport.
Published on 2017-04-13



Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 1.40 1.90 25.64 -0.60 percent [+]
Inflation Rate Mom -0.20 0.40 3.50 -2.40 percent [+]
Consumer Price Index CPI 101.20 101.30 101.30 3.60 Index Points [+]
Harmonised Consumer Prices 102.20 102.30 102.30 67.50 Index Points [+]
Core Consumer Prices 101.30 101.30 101.30 69.10 Index Points [+]
Core Inflation Rate 0.80 1.10 3.06 0.20 percent [+]
GDP Deflator 106.26 106.86 106.86 63.97 Index Points [+]
Producer Prices 103.30 103.20 109.80 63.60 Index Points [+]
Producer Prices Change 3.70 3.00 9.20 -7.60 percent [+]
Export Prices 120.30 121.20 121.90 6.90 Index Points [+]
Import Prices 108.50 108.50 118.10 49.40 Index Points [+]
Food Inflation 1.90 2.20 6.26 -1.18 percent [+]
Cpi Housing Utilities 100.20 100.20 101.80 56.90 Index Points [+]
Cpi Transportation 101.70 103.10 106.20 61.90 Index Points [+]


Italy Inflation Rate Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
1.40 1.90 25.64 -0.60 1962 - 2017 percent Monthly
2010=100



inflation rate by Country

Last
Australia 2.10 Mar/17
Brazil 3.60 May/17
Canada 1.60 Apr/17
China 1.50 May/17
Euro Area 1.40 May/17
France 0.80 May/17
Germany 1.50 May/17
India 2.18 May/17
Indonesia 4.33 May/17
Italy 1.40 May/17
Japan 0.40 Apr/17
Mexico 6.16 May/17
Netherlands 1.10 May/17
Russia 4.10 May/17
South Korea 2.00 May/17
Spain 1.90 May/17
Switzerland 0.50 May/17
Turkey 11.72 May/17
United Kingdom 2.90 May/17
United States 1.90 May/17