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

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. On a monthly basis, consumer prices went up 0.3 percent, below the preliminary reading of a 0.4 percent increase and following a 0.1 percent gain in April. Inflation Rate in Italy averaged 6.08 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 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.

Year-on-year, inflation picked up for: food & non-alcoholic beverages (1.9 percent from 1.2 percent in April), mostly unprocessed food (2.4 percent from 0.7 percent); transport (2.6 percent from 0.4 percent), as cost of services related to transport rebounded (1.7 percent vs -0.7 percent). Additional upward pressure came from: restaurants & hotels (1.5 percent from 1.2 percent); miscellaneous goods & services (2.3 percent from 2 percent); furniture & household equipment (0.2 percent from 0.1) and alcoholic beverages & tobacco (3.5 percent from 3 percent).

Meanwhile, inflation was steady for clothing & footwear (0.2 percent) and prices eased for recreation & culture (0.4 percent from 0.8 percent).

Annual core inflation rate, which excludes energy and unprocessed food rose to 0.8 percent from 0.5 percent in April. Excluding only energy, the inflation also quickened to 0.8 percent from 0.5 percent in the prior month.

On a monthly basis, consumer prices went up 0.3 percent, below the preliminary estimate of a 0.4 percent increase and following a 0.1 percent gain in April.

The harmonized index of consumer prices went up by 1 percent from the previous year (0.6 percent in April) and by 0.3 percent from the previous month (0.5 percent in April).


Istat | Agna Gabriel | agna.gabriel@tradingeconomics.com
6/15/2018 9:40:09 AM



Calendar GMT Actual Previous Consensus TEForecast
2018-05-16 09:00 AM Inflation Rate YoY Final 0.5% 0.8% 0.5% 0.5%
2018-05-31 09:00 AM Inflation Rate YoY Prel 1.1% 0.5% 0.5% 0.6%
2018-06-15 09:00 AM Inflation Rate YoY Final 1% 0.5% 1.1% 1.1%
2018-06-28 09:00 AM Inflation Rate YoY Prel 1% 1.2% 1.2%
2018-07-17 09:00 AM Inflation Rate YoY Final 1%
2018-07-31 09:00 AM Inflation Rate YoY Prel 0.7%


Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 1.00 0.50 25.64 -0.60 percent [+]
Inflation Rate Mom 0.30 0.10 3.50 -2.40 percent [+]
Consumer Price Index CPI 102.30 101.90 102.30 3.60 Index Points [+]
Harmonised Consumer Prices 103.30 102.90 103.30 67.50 Index Points [+]
Core Consumer Prices 102.00 101.90 102.10 69.10 Index Points [+]
Core Inflation Rate 0.50 0.70 3.06 0.20 percent [+]
GDP Deflator 108.24 108.27 108.27 63.97 Index Points [+]
Producer Prices 101.70 102.10 106.60 61.70 Index Points [+]
Producer Prices Change 1.30 1.80 9.20 -7.60 percent [+]
Export Prices 105.50 105.90 106.10 6.00 Index Points [+]
Import Prices 104.10 103.40 111.40 46.50 Index Points [+]
Food Inflation 1.90 1.20 6.26 -1.18 percent [+]
CPI Housing Utilities 100.20 100.20 102.50 56.90 Index Points [+]
CPI Transportation 104.30 103.50 106.20 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.00 0.50 25.64 -0.60 1962 - 2018 percent Monthly
2010=100




inflation rate by Country
Country Last
Australia 1.90 Mar/18
Brazil 2.86 May/18
Canada 2.20 May/18
China 1.80 May/18
Euro Area 1.90 May/18
France 2.00 May/18
Germany 2.20 May/18
India 4.87 May/18
Indonesia 3.23 May/18
Italy 1.00 May/18
Japan 0.70 May/18
Mexico 4.51 May/18
Netherlands 1.70 May/18
Russia 2.40 May/18
South Korea 1.50 May/18
Spain 2.10 May/18
Switzerland 1.00 May/18
Turkey 12.15 May/18
United Kingdom 2.40 May/18
United States 2.80 May/18


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