The annual inflation rate in Italy increase to 1.6 percent in October of 2018 from 1.4 percent in the previous month, in line with a preliminary estimate. Prices advanced faster mainly for energy, both regulated and non-regulated energy products. Inflation Rate in Italy averaged 6.04 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.
Inflation Rate in Italy is expected to be 1.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Italy to stand at 2.00 in 12 months time. In the long-term, the Italy Inflation Rate is projected to trend around 2.30 percent in 2020, according to our econometric models.