The Consumer Price Index in Italy increased 0.40 percent in January of 2026 over the previous month. Inflation Rate MoM in Italy averaged 0.43 percent from 1957 until 2026, reaching an all time high of 3.50 percent in January of 1980 and a record low of -2.40 percent in November of 1958. source: National Institute of Statistics (ISTAT)

Inflation Rate MoM in Italy is expected to be 0.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Inflation Rate MoM is projected to trend around 0.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-16 09:00 AM
Inflation Rate MoM Final
Dec 0.2% -0.2% 0.2% 0.2%
2026-02-04 10:00 AM
Inflation Rate MoM Prel
Jan 0.4% 0.2% 0.4% 0.3%
2026-02-23 09:00 AM
Inflation Rate MoM Final
Jan 0.2% 0.4% 0.4%


Related Last Previous Unit Reference
CPI Prel 122.60 122.40 points Dec 2025
Core Consumer Prices 117.90 117.60 points Dec 2025
Core Inflation Rate 1.80 1.70 percent Dec 2025
CPI Housing Utilities 141.70 141.30 points Dec 2025
CPI Transportation 124.20 122.50 points Dec 2025
Export Prices 130.00 129.80 points Dec 2025
Food Inflation 2.60 1.90 percent Dec 2025
GDP Deflator 115.98 115.54 points Sep 2025
Harmonised Consumer Prices 99.50 100.50 points Jan 2026
Import Prices 118.60 120.00 points Dec 2025
Inflation Rate YoY 1.00 1.20 percent Jan 2026
Inflation Rate MoM 0.40 0.20 percent Jan 2026
Producer Prices 123.10 124.00 points Dec 2025
PPI YoY -1.40 -0.20 percent Dec 2025


Italy Inflation Rate MoM
In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: 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 6 percent.
Actual Previous Highest Lowest Dates Unit Frequency
0.40 0.20 3.50 -2.40 1957 - 2026 percent Monthly
2010=100