Italy Inflation Rate 1958-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Italy was recorded at 0 percent in December of 2014. Inflation Rate in Italy averaged 6.12 percent from 1958 until 2014, reaching an all time high of 25.64 percent in November of 1974 and a record low of -2.44 percent in April of 1959. Inflation Rate in Italy is reported by the National Institute of Statistics (ISTAT).

      Forecast    
Italy Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
0.00 0.19 25.64 -2.44 1958 - 2014 percent Monthly
2010=100
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 (11 percent) and housing, water, electricity and other fuels (10 percent). The index also includes: clothing and footwear (9 percent); furnishing and household equipment (8 percent); recreation and culture (8 percent) and health (8 percent). Communication, education, alcoholic beverages, tobacco and other goods and services contribute the remaining 15 percent. This page provides - Italy Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Italy Inflation Rate - was last refreshed on Thursday, January 29, 2015.


Italian Consumer Prices Unchanged in December


Consumer prices in Italy held steady in December of 2014 compared with a year earlier, matching preliminary estimates, mainly due to decrease in fuel prices.

Year-on-year, prices of non-regulated energy products felt the most (-8 percent from -3.1 percent in November 2014). Other price decreases were reported for: transport (-0.9 percent); housing, water, electricity and gas (-0.4 percent) and food (-0.2 percent). Upward pressure came from restaurants and hotels (+1 percent), furnishing and household equipment (+0.6 percent), clothing and footwear (+0.2 percent) and culture and leisure (+0.2 percent). 

Excluding unprocessed food and energy, inflation was recorded at 0.6 percent and excluding energy only, inflation was 0.5 percent, down from 0.6 percent in November of 2014.

The harmonized index of consumer prices (HICP) declined by 0.1 percent compared to December 2013, and was flat with compared to the previous month, matching preliminary estimates.

On a monthly basis, consumer prices were unchanged, as a rise in transport cost (0.2 percent) was offset by a drop in 
prices of restaurants and hotels (-0.5 percent) and housing, water, electricity and gas (0.2 percent).

Istat | Carolina Cunha | Carolina.cunha@tradingeconomics.com
1/16/2015 12:27:43 PM


Recent Releases

Italy Inflation Rate at 0.0% in December
Consumer prices in Italy are expected to remain unchanged in December of 2014 compared with a year earlier, following a 0.2 increase in November and driven down by lower cost of fuel. Published on 2015-01-07

Inflation Rate in Italy Rises to 0.2% in November
Italian consumer prices rose 0.2 percent year-on-year in November of 2014, following a 0.1 percent increase in the previous month and matching preliminary estimates. Rise in prices of unprocessed food drove the inflation up while energy cost fell. Published on 2014-12-12


Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-12-12 09:00 AM
Inflation Rate YoY - Final  Nov
0.2% 0.1% 0.2% 0.2%
2015-01-07 10:00 AM
Inflation Rate YoY Prel  Dec
0.0% 0.2% -0.1% 0.21%
2015-01-14 09:00 AM
Inflation Rate YoY Final  Dec
0.0% 0.2% 0.0% 0.0%
2015-02-03 10:00 AM
Inflation Rate YoY Prel  Jan
0.0% 0.07%
2015-02-20 09:00 AM
Inflation Rate YoY Final  Jan
2015-02-27 10:00 AM
Inflation Rate YoY Prel  Feb
0.1%


Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 0.00 0.19 25.64 -2.44 percent [+]
Inflation Rate Mom 0.00 -0.20 3.50 -2.40 percent [+]
Consumer Price Index CPI 107.20 107.20 107.80 3.90 Index Points [+]
Core Inflation Rate 0.57 0.50 3.06 0.38 percent [+]
Harmonised Consumer Prices 120.00 120.00 120.40 80.60 Index Points [+]
Core Consumer Prices 106.20 106.00 106.70 73.80 Index Points [+]
GDP Deflator 104.79 104.91 105.02 63.97 Index Points [+]
Producer Prices 105.20 105.40 109.80 63.60 Index Points [+]
Producer Prices Change -1.20 -1.10 9.20 -7.60 percent [+]
Export Prices 116.30 115.80 116.30 6.90 Index Points [+]
Import Prices 109.10 109.90 118.10 49.40 Index Points [+]
Food Inflation -0.19 0.47 6.26 -1.18 percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 1.70 Nov/14 2.30 23.90 -1.30 percent [+]
Brazil 6.41 Dec/14 6.56 6821.31 1.65 percent [+]
Canada 1.50 Dec/14 2.00 21.60 -17.80 percent [+]
China 1.50 Dec/14 1.40 28.40 -2.20 percent [+]
Euro Area -0.20 Dec/14 0.30 5.00 -0.70 percent [+]
France 0.10 Dec/14 0.30 18.80 -0.70 percent [+]
Germany 0.20 Dec/14 0.57 11.54 -7.62 percent [+]
India 5.00 Dec/14 4.38 11.16 4.38 percent [+]
Indonesia 8.36 Dec/14 6.23 82.40 -1.17 percent [+]
Italy 0.00 Dec/14 0.19 25.64 -2.44 percent [+]
Japan 2.40 Nov/14 2.90 25.00 -2.52 percent [+]
Mexico 4.08 Dec/14 4.17 179.73 2.91 percent [+]
Netherlands 0.70 Dec/14 1.00 11.19 -1.30 percent [+]
Russia 11.40 Dec/14 9.10 2333.30 3.60 percent [+]
South Korea 0.80 Dec/14 1.00 32.50 0.20 percent [+]
Spain -1.00 Dec/14 -0.40 28.43 -1.37 percent [+]
Switzerland -0.30 Dec/14 -0.10 11.92 -1.37 percent [+]
Turkey 8.17 Dec/14 9.15 138.71 -4.01 percent [+]
United Kingdom 0.50 Dec/14 1.00 8.50 0.50 percent [+]
United States 0.80 Dec/14 1.30 23.70 -15.80 percent [+]