Cost of food in Italy increased 2.90 percent in December of 2021 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Food Inflation in Italy averaged 1.72 percent from 1997 until 2021, reaching an all time high of 6.26 percent in July of 2008 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 January of 2022.

Food Inflation in Italy is expected to be 1.50 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 3.90 3.70 percent Dec/21
Inflation Rate Mom 0.40 0.60 percent Dec/21
Consumer Price Index CPI 106.60 106.20 points Dec/21
Harmonised Consumer Prices 107.80 107.30 points Dec/21
Core Inflation Rate 1.50 1.30 percent Dec/21
Core Consumer Prices 104.30 103.80 points Dec/21
GDP Deflator 106.13 106.07 points Sep/21
Producer Prices 122.80 121.40 points Nov/21
Producer Prices Change 22.10 20.40 percent Nov/21
Export Prices 126.90 120.40 points Nov/21
Import Prices 128.20 121.60 points Nov/21
Food Inflation 2.90 1.50 percent Dec/21
CPI Transportation 112.30 111.50 points Dec/21
CPI Housing Utilities 116.00 115.60 points Dec/21