Italy Inflation Holds at 1-Year Low

2025-11-28 10:14 By Andre Joaquim 1 min. read

Italy's annual inflation rate was at 1.2% in November of 2025, matching the one-year low recorded in October and slightly below market expectations, according to a preliminary estimate.

Inflation slowed sharply for transportation services (0.8% vs 2% in October), fresh food (1.4% vs 1.9%), services related to recreations, cultural, and personal spending (2.9% vs 3.3%), and non durable goods (1% vs 1.3%).

Additionally, regulated energy costs fell at a faster pace (-3.3% vs -0.5%), aligned with muted benchmarks for European oil and natural gas due to ample supply of e fuel and power feedstocks.

In turn, inflation picked up for processed food (2.7% vs 2.5%) and deflation slowed for durable goods (-0.1% vs -0.8%).

The core inflation rate, which excludes energy and fresh food, eased to 1.8% from 1.9% in the earlier month.



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