Producer prices in Italy fell 4.5 percent year-on-year in June of 2020, following a 5.3 percent drop in the previous month. This was the eleventh consecutive month of drops in producer prices. Cost declined at a softer pace in the domestic market (-6.1 percent vs -7.2 percent in May) and in the foreign market (-0.7 percent vs -0.8 percent), of which Euro area countries (-0.7 percent vs -0.6 percent) and non-eurozone (-0.7 percent vs -0.9 percent). On a monthly basis, producer prices rose 0.5 percent, after decreasing 0.1 percent drop in May.
Producer Prices Change in Italy averaged 1.80 percent from 1992 until 2020, reaching an all time high of 9.20 percent in July of 1995 and a record low of -7.60 percent in July of 2009. This page provides the latest reported value for - Italy Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: National Institute of Statistics (ISTAT)
Producer Prices Change in Italy is expected to be -3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Italy to stand at 0.60 in 12 months time. In the long-term, the Italy Producer Prices Change is projected to trend around 1.20 percent in 2021 and 1.60 percent in 2022, according to our econometric models.