Italy Inflation Rate 1962-2015 | Data | Chart | Calendar | Forecast

The inflation rate in Italy was recorded at -0.09 percent in February of 2015. Inflation Rate in Italy averaged 6.42 percent from 1962 until 2015, reaching an all time high of 25.64 percent in November of 1974 and a record low of -0.60 percent in January of 2015. Inflation Rate in Italy is reported by the National Institute of Statistics (ISTAT).

      Forecast    
Italy Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.09 -0.60 25.64 -0.60 1962 - 2015 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 Tuesday, March 31, 2015.


Italy Posts Deflation for Second Straight Month


The Italian consumer prices decreased 0.1 percent year-on-year in February, lower than a 0.2 percent drop initially estimated and following a 0.6 percent fall in January. Yet, core inflation increased at a faster 0.6 percent.

Year-on-year, transport prices fell 3.1 percent; cost of housing, water, electricity and gas decreased 1.4 percent; communication prices dropped 1 percent and and recreation and culture cost edged down 0.2 percent.

In contrast, food prices increased 1 percent as cost of fresh vegetables increased 10.8 percent, rebounding from a 1.7 percent fall in the previous month. Cost of services related to transport increased at a faster 1.4 percent (0.3 percent in January); tobacco prices surged 3.7 percent (-0.4 percent) and cost of non-regulated energy products fell at a slower 12.8 percent (14 percent in January).

Excluding energy and unprocessed food, core inflation was 0.6 percent (up from +0.3 percent in the previous month); excluding energy, the inflation was 0.7 percent (0.4 higher than in January 2015).

On a monthly basis, consumer prices rose 0.4 percent, up from a preliminary 0.3 percent increase and following a 0.4 percent fall in January. The rise was mainly driven by higher prices of fresh vegetables (7.8 percent), tobacco (4.1 percent) and services related to transport (0.8 percent).

The EU harmonised index rose 0.3 percent month-on-month and 0.1 percent year-on-year, matching preliminary estimates.

Istat | Joana Taborda | joana.taborda@tradingeconomics.com
3/13/2015 9:49:12 AM


Recent Releases

Italy Inflation Rate at -0.2% in February
Consumer prices in Italy are expected to fall by an annual 0.2 percent in the second month of the year. In February of 2014, inflation was 0.47 percent Published on 2015-02-27

Italy Falls Deeper into Deflation
Italian consumer prices fell 0.6 percent in January of 2015 compared with a year earlier, matching preliminary estimates, mostly due to lower cost of energy. It is the lowest rate on record. Published on 2015-02-20


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-20 10:00 AM
Inflation Rate YoY Final  Jan
-0.6% 0.0% -0.6% -0.6%
2015-02-27 10:00 AM
Inflation Rate YoY Prel  Feb
-0.2% -0.6% -0.5% -0.6%
2015-03-13 09:00 AM
Inflation Rate YoY Final  Feb
-0.1% -0.6% -0.2% -0.2%
2015-03-31 10:00 AM
Inflation Rate YoY Prel  Mar
-0.1% -0.1% -0.21%
2015-04-14 09:00 AM
Inflation Rate YoY Final  Mar
-0.1%
2015-04-30 10:00 AM
Inflation Rate YoY Prel  Apr
-0.61%


Italy Prices Last Previous Highest Lowest Unit
Inflation Rate -0.09 -0.60 25.64 -0.60 percent [+]
Inflation Rate Mom 0.40 -0.40 3.50 -2.40 percent [+]
Consumer Price Index CPI 107.20 106.80 107.80 3.90 Index Points [+]
Core Inflation Rate 0.60 0.28 3.06 0.28 percent [+]
Harmonised Consumer Prices 117.30 117.00 120.40 80.60 Index Points [+]
Core Consumer Prices 106.30 106.00 106.70 73.80 Index Points [+]
GDP Deflator 105.42 105.14 105.42 63.97 Index Points [+]
Producer Prices 103.30 104.50 109.80 63.60 Index Points [+]
Producer Prices Change -2.90 -1.80 9.20 -7.60 percent [+]
Export Prices 115.40 114.90 116.30 6.90 Index Points [+]
Import Prices 107.10 107.60 118.10 49.40 Index Points [+]
Food Inflation 1.00 0.09 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 7.70 Feb/15 7.14 6821.31 1.65 percent [+]
Canada 1.00 Feb/15 1.00 21.60 -17.80 percent [+]
China 1.40 Feb/15 0.80 28.40 -2.20 percent [+]
Euro Area -0.30 Feb/15 -0.60 5.00 -0.70 percent [+]
France -0.30 Feb/15 -0.40 18.80 -0.70 percent [+]
Germany 0.30 Mar/15 0.09 11.54 -7.62 percent [+]
India 5.37 Feb/15 5.19 11.16 4.38 percent [+]
Indonesia 6.29 Feb/15 6.96 82.40 -1.17 percent [+]
Italy -0.09 Feb/15 -0.60 25.64 -0.60 percent [+]
Japan 2.20 Feb/15 2.40 25.00 -2.52 percent [+]
Mexico 3.00 Feb/15 3.07 179.73 2.91 percent [+]
Netherlands 0.14 Feb/15 0.00 11.19 -1.30 percent [+]
Russia 16.70 Feb/15 15.00 2333.30 3.60 percent [+]
South Korea 0.50 Feb/15 0.80 32.50 0.20 percent [+]
Spain -0.70 Mar/15 -1.10 28.43 -1.37 percent [+]
Switzerland -0.80 Feb/15 -0.50 11.92 -1.37 percent [+]
Turkey 7.55 Feb/15 7.24 138.71 -4.01 percent [+]
United Kingdom 0.00 Feb/15 0.30 8.50 0.00 percent [+]
United States 0.00 Feb/15 -0.10 23.70 -15.80 percent [+]