The Consumer Price Index in Italy increased 0.20 percent in July 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 0.10 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 and 0.20 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-16 08:00 AM
Inflation Rate MoM Final
Jun 0% 0.4% 0.0% 0.0%
2026-07-31 09:00 AM
Inflation Rate MoM Prel
Jul 0.2% 0% 0.3% 0.3%
2026-08-12 08:00 AM
Inflation Rate MoM Final
Jul 0% 0.2% 0.2%


Related Last Previous Unit Reference
CPI Prel 103.10 103.10 points Jun 2026
Core Consumer Prices 102.30 102.00 points Jul 2026
Core Inflation Rate 1.60 1.70 percent Jun 2026
CPI Housing Utilities 106.10 105.60 points Jul 2026
CPI Transportation 105.00 104.50 points Jul 2026
Export Prices 137.30 136.40 points May 2026
Food Inflation 1.70 1.80 percent Jul 2026
GDP Deflator 116.89 116.82 points Mar 2026
Harmonised Consumer Prices 102.60 103.60 points Jul 2026
Import Prices 133.90 127.60 points May 2026
Inflation Rate YoY 2.80 3.00 percent Jul 2026
Inflation Rate MoM 0.20 0.00 percent Jul 2026
Producer Prices 130.00 130.00 points Jun 2026
PPI YoY 5.80 7.30 percent Jun 2026


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
0.20 0.00 3.50 -2.40 1957 - 2026 percent Monthly
2010=100