Italian August Inflation Confirmed at 3-Year High

2026-09-16 08:20 By Kyrie Dichosa 1 min. read

The annual inflation rate in Italy rose to 3.3% in August 2026 from 2.9% in July, confirming the preliminary estimate and marking the highest reading since September 2023.

The main upward contribution came from higher energy prices, with regulated energy inflation rising to 18.6% from 14.8% and non-regulated energy inflation increasing to 17.0% from 11.4%, as ongoing tensions in the Middle East continued to fuel inflationary pressures.

Meanwhile, inflation for durable goods accelerated to 1.3% from 0.7%, while unprocessed food inflation rose to 3.8% from 3.6%.

In contrast, inflation eased for recreational, cultural and personal care services (2.6% vs 3%), and transport services (0.8% vs 1.6%).

Core inflation, excluding energy and fresh food, edged down to 1.5% from 1.6%.

Monthly, the CPI rose 0.5%, following a 0.3% gain in July.

The HICP inflation accelerated to 3.2% year-on-year from 2.9% in July, confirming the preliminary estimate, while rising 0.1% month-on-month.



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Italian August Inflation Confirmed at 3-Year High
The annual inflation rate in Italy rose to 3.3% in August 2026 from 2.9% in July, confirming the preliminary estimate and marking the highest reading since September 2023. The main upward contribution came from higher energy prices, with regulated energy inflation rising to 18.6% from 14.8% and non-regulated energy inflation increasing to 17.0% from 11.4%, as ongoing tensions in the Middle East continued to fuel inflationary pressures. Meanwhile, inflation for durable goods accelerated to 1.3% from 0.7%, while unprocessed food inflation rose to 3.8% from 3.6%. In contrast, inflation eased for recreational, cultural and personal care services (2.6% vs 3%), and transport services (0.8% vs 1.6%). Core inflation, excluding energy and fresh food, edged down to 1.5% from 1.6%. Monthly, the CPI rose 0.5%, following a 0.3% gain in July. The HICP inflation accelerated to 3.2% year-on-year from 2.9% in July, confirming the preliminary estimate, while rising 0.1% month-on-month.
2026-09-16
Italian Inflation Hits 3-Year High
The annual inflation rate in Italy picked up to 3.3% in August 2026 from 2.9% in July, marking the highest reading since September 2023, according to preliminary estimates. The acceleration was driven mainly by a rise in energy inflation, with non-regulated energy prices rising 16.9% from 11.4% in July, while regulated energy inflation climbed to 18.8% from 14.8%, reflecting continued inflationary pressure from ongoing tensions in the Middle East. Meanwhile, prices for recreational, cultural and personal care services eased to 2.6% from 3%, while transportation services slowed to 0.9% from 1.6%. Food inflation remained stable at 1.1%. Core inflation, which excludes energy and fresh food prices, edged down to 1.5% from 1.6%. On a monthly basis, CPI inflation rose 0.5%, the most since April, exceeding expectations for a 0.2% increase and following a 0.3% gain in July. The HICP inflation also accelerated to 3.2% year-on-year in August from 2.9% in July.
2026-09-01
Italy July Inflation Revised Up to 2.9%
The annual inflation rate in Italy came at 2.9% in July 2026, revised up from a preliminary estimate of 2.8% but slightly down from 3.0% in June. It marked the second moderation since the rate climbed to a more than two-year high of 3.2% in May, as the temporary resumption of energy exports from the Middle East helped ease price pressures during the period. Non-regulated energy inflation, which is more responsive to movements in global benchmarks, slowed to 11.4% from 13.3% in June. Price growth also eased for unprocessed food products (3.6% vs 4.4%) and miscellaneous services (1.8% vs 2.5%). Conversely, inflation picked up for regulated energy (14.8% vs 9.2%), transport-related services (1.6% vs 1.1%), and recreational, cultural and personal care services (3.0% vs 2.7%). On a monthly basis, consumer prices rose 0.3%, following a flat reading in June. Core inflation, which excludes energy eased to 1.8% from 1.9%.
2026-08-12