Cost of food in Italy increased 7.50 percent in May of 2022 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Food Inflation in Italy averaged 1.79 percent from 1997 until 2022, reaching an all time high of 7.50 percent in May of 2022 and a record low of -1.18 percent in July of 1997. This page provides the latest reported value for - Italy Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Food Inflation - values, historical data and charts - was last updated on June of 2022.

Food Inflation in Italy is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Food Inflation is projected to trend around 1.70 percent in 2023 and 1.80 percent in 2024, according to our econometric models.

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Italy Food Inflation



Related Last Previous Unit Reference
Inflation Rate 6.80 6.00 percent May 2022
Inflation Rate Mom 0.80 -0.10 percent May 2022
Harmonised Consumer Prices 112.70 111.70 points May 2022
Consumer Price Index CPI 111.30 110.30 points May 2022
Core Consumer Prices 106.80 106.20 points May 2022
Core Inflation Rate 3.30 2.40 percent May 2022
GDP Deflator 107.00 105.87 points Mar 2022
Producer Prices 142.50 142.20 points Apr 2022
Producer Prices Change 34.60 35.30 percent May 2022
Export Prices 140.50 138.70 points Apr 2022
Import Prices 159.90 151.90 points Apr 2022
Food Inflation 7.50 6.40 percent May 2022
CPI Transportation 118.00 116.80 points May 2022
CPI Housing Utilities 132.20 129.90 points May 2022