Annual industrial producer inflation in Italy was at 34.6 percent in May of 2022, easing from 35.3 percent in the prior period and decelerating for the second consecutive month. Prices rose at a slower pace for the domestic market (42.7 percent vs 44.1 percent in April), offsetting a sharper increase in the foreign market (13.8 percent vs 13.3 percent). Costs increased the most for energy (107.3 percent), followed by intermediate goods (23.3 percent) and consumer goods (8.2 percent). On a monthly basis, the Italian PPI rose by 0.6 percent, picking up from a 0.2 percent increase in April. source: National Institute of Statistics (ISTAT)
Producer Prices Change in Italy averaged 2.46 percent from 1992 until 2022, reaching an all time high of 36.90 percent in March of 2022 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 July of 2022.
Producer Prices Change in Italy is expected to be 26.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Producer Prices Change is projected to trend around 2.50 percent in 2023, according to our econometric models.