Italy Inflation Rate  1962-2016 | Data | Chart | Calendar | Forecast

Consumer prices in Italy fell 0.3 percent year-on-year in May of 2016, easing from 0.5 percent drop in the previous month and matching preliminary estimates. Yet, a rebound in prices of tobacco and unprocessed food was not enough to offset declines in housing, utilities and transport. Inflation Rate in Italy averaged 6.27 percent from 1962 until 2016, 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).

Italy Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
-0.30 -0.50 25.64 -0.60 1962 - 2016 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 the latest reported value for - Italy Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Inflation Rate - actual data, historical chart and calendar of releases - was last updated on June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-13 09:00 AM Apr -0.5% -0.2% -0.4% -0.4%
2016-05-31 09:00 AM May -0.3% -0.5% -0.3% -0.3%
2016-06-14 08:00 AM May -0.3% -0.5% -0.3% -0.3%
2016-06-30 09:00 AM Jun -0.3% -0.2% -0.1%
2016-07-13 08:00 AM Jun -0.3%
2016-07-29 09:00 AM Jul -0.1%

Italy Deflation Rate Confirmed at -0.3%


Consumer prices in Italy fell 0.3 percent year-on-year in May of 2016, easing from 0.5 percent drop in the previous month and matching preliminary estimates. Yet, a rebound in prices of tobacco and unprocessed food was not enough to offset declines in housing, utilities and transport.

Year-on-year, main downward pressure came from prices of transport (-2.9 percent, the same as in April) and housing and utilities (-2.4 percent, the same as in April). In addition, inflation for restaurants and hotels (0.6 percent following 0.9 percent in April), furnishing and household equipment (0.3 percent from 0.4 percent) and miscellaneous goods and services (0.1 percent from 0.2 percent) eased.

In contrast, upward pressure came mainly from prices of food and non-alcoholic beverages (up 0.2 percent, recovering from a 0.1 percent drop in April), alcoholic beverages and tobacco (up 1.4 percent following a 0.1 percent fall in April) and communication (up 1.9 percent following a 0.4 percent rise in April). 

On a monthly basis, consumer prices rose 0.3 percent, rebounding from a 0.1 percent drop in April and in line with preliminary figures. The increase was mainly boosted by prices of tobacco (+2.4 percent), non-regulated energy products (+1.7 percent) and unprocessed food (+1.1 percent).

The harmonized index edged up 0.3 percent on the month but fell 0.3 percent on the year, also the same as in earlier estimates. 

Istat | Joana Taborda | joana.taborda@tradingeconomics.com
6/14/2016 10:55:06 AM

Italy Prices Last Previous Highest Lowest Unit
Inflation Rate -0.30 -0.50 25.64 -0.60 percent [+]
Inflation Rate Mom 0.30 -0.10 3.50 -2.40 percent [+]
Harmonised Consumer Prices 100.60 100.40 101.00 67.50 Index Points [+]
Consumer Price Index CPI 99.80 99.60 100.40 3.60 Index Points [+]
Core Consumer Prices 100.50 100.30 100.70 69.10 Index Points [+]
Core Inflation Rate 0.60 0.50 3.06 0.28 percent [+]
GDP Deflator 106.79 106.27 106.79 63.97 Index Points [+]
Producer Prices 99.50 100.20 109.80 63.60 Index Points [+]
Producer Prices Change -4.10 -3.40 9.20 -7.60 percent [+]
Export Prices 114.80 115.20 117.90 6.90 Index Points [+]
Import Prices 99.70 100.80 118.10 49.40 Index Points [+]
Food Inflation 0.20 -0.10 6.26 -1.18 percent [+]
Cpi Transportation 98.10 97.60 106.20 61.90 Index Points [+]




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Afghanistan 5.00 May/16
Albania 0.70 May/16
Algeria 6.08 May/16
Angola 29.23 May/16
Argentina 40.50 Apr/16
Armenia -2.10 May/16
Aruba -1.60 Apr/16
Australia 1.30 Mar/16
Austria 0.60 May/16
Azerbaijan 10.50 Apr/16
Bahamas 2.00 Dec/15
Bahrain 3.70 May/16
Bangladesh 5.45 May/16
Barbados -1.40 Feb/16
Belarus 12.40 May/16
Belgium 2.20 May/16
Belize 0.10 Apr/16
Benin -0.10 May/16
Bhutan 3.03 Mar/16
Bolivia 5.02 May/16
Bosnia and Herzegovina -1.60 May/16
Botswana 2.80 May/16
Brazil 9.32 May/16
Brunei -1.00 Apr/16
Bulgaria -2.00 May/16
Burkina Faso 2.00 May/16
Burundi 2.70 May/16
Cambodia 2.03 Mar/16
Cameroon 1.47 Dec/15
Canada 1.50 May/16
Cape Verde -1.00 May/16
Cayman Islands -2.80 Mar/16
Central African Republic 25.58 Jun/14
Chad 0.60 Apr/16
Chile 4.20 May/16
China 2.00 May/16
Colombia 8.20 May/16
Comoros 1.40 Dec/14
Congo 2.16 Apr/16
Costa Rica 0.43 May/16
Croatia -1.80 May/16
Cuba 4.40 Dec/15
Cyprus -2.13 May/16
Czech Republic 0.10 May/16
Denmark 0.10 May/16
Djibouti 2.60 Mar/15
Dominican Republic 1.71 May/16
East Timor -1.70 May/16
Ecuador 1.63 May/16
Egypt 12.30 May/16
El Salvador 0.73 May/16
Equatorial Guinea 3.90 Dec/15
Eritrea 12.50 Dec/15
Estonia -0.90 May/16
Ethiopia 7.90 May/16
Euro Area -0.10 May/16
European Union -0.10 May/16
Fiji 5.20 May/16
Finland 0.30 May/16
France 0.00 May/16
Gabon -0.01 Jun/15
Gambia 6.57 Sep/15
Georgia 2.10 May/16
Germany 0.10 May/16
Ghana 18.90 May/16
Greece -0.90 May/16
Guatemala 4.27 May/16
Guinea 7.70 Mar/16
Guinea Bissau 2.20 Apr/16
Guyana 0.30 Mar/16
Haiti 15.10 May/16
Honduras 2.36 May/16
Hong Kong 2.60 May/16
Hungary -0.20 May/16
Iceland 1.70 May/16
India 5.76 May/16
Indonesia 3.33 May/16
Iran 7.40 Apr/16
Iraq 2.50 May/16
Ireland 0.00 May/16
Israel -0.80 May/16
Italy -0.30 May/16
Ivory Coast 2.30 May/16
Jamaica 2.10 May/16
Japan -0.30 Apr/16
Jordan -1.60 May/16
Kazakhstan 16.70 May/16
Kenya 5.00 May/16
Kosovo -0.10 May/16
Kuwait 2.85 Apr/16
Kyrgyzstan 0.30 May/16
Laos 0.96 Apr/16
Latvia -0.80 May/16
Lebanon -2.45 May/16
Lesotho 7.80 Apr/16
Liberia 7.10 Mar/16
Libya 10.10 Nov/15
Liechtenstein -0.40 May/16
Lithuania 0.50 May/16
Luxembourg -0.03 May/16
Macau 2.64 May/16
Macedonia -0.70 May/16
Madagascar 6.20 Apr/16
Malawi 21.50 May/16
Malaysia 2.00 May/16
Maldives 0.60 Apr/16
Mali -0.60 May/16
Malta 1.00 May/16
Mauritania 0.90 Apr/16
Mauritius 0.80 May/16
Mexico 2.60 May/16
Moldova 7.90 May/16
Mongolia 1.80 May/16
Montenegro -1.00 May/16
Morocco 1.90 May/16
Mozambique 18.27 May/16
Myanmar 14.59 Nov/15
Namibia 6.70 May/16
Nepal 10.00 May/16
Netherlands 0.00 May/16
New Caledonia 0.80 May/16
New Zealand 0.40 Mar/16
Nicaragua 3.70 May/16
Niger 2.10 May/16
Nigeria 15.60 May/16
North Korea 55.00 Jul/13
Norway 3.40 May/16
Oman 1.14 May/16
Pakistan 3.17 May/16
Palestine -0.31 May/16
Panama 0.30 May/16
Papua New Guinea 6.40 Dec/15
Paraguay 3.50 May/16
Peru 3.54 May/16
Philippines 1.60 May/16
Poland -0.90 May/16
Portugal 0.30 May/16
Puerto Rico -0.20 Apr/16
Qatar 2.60 May/16
Republic of the Congo 3.70 Apr/15
Romania -3.50 May/16
Russia 7.30 May/16
Rwanda 4.40 May/16
Sao Tome and Principe 6.00 Apr/16
Saudi Arabia 4.10 May/16
Senegal 1.30 Apr/16
Serbia 0.70 May/16
Seychelles -1.20 May/16
Sierra Leone 8.85 Dec/15
Singapore -1.60 May/16
Slovakia -0.80 May/16
Slovenia -0.40 May/16
Somalia -4.00 Dec/14
South Africa 6.10 May/16
South Korea 0.80 May/16
South Sudan 295.00 May/16
Spain -1.00 May/16
Sri Lanka 4.80 May/16
Sudan 13.98 May/16
Suriname 46.10 Apr/16
Swaziland 8.50 Apr/16
Sweden 0.60 May/16
Switzerland -0.40 May/16
Syria 44.70 Nov/15
Taiwan 1.24 May/16
Tajikistan 5.20 May/16
Tanzania 5.20 May/16
Thailand 0.46 May/16
Togo 2.40 May/16
Trinidad and Tobago 3.50 Apr/16
Tunisia 3.60 May/16
Turkey 6.58 May/16
Turkmenistan 7.00 Dec/15
Uganda 5.40 May/16
Ukraine 7.50 May/16
United Arab Emirates 1.63 Apr/16
United Kingdom 0.30 May/16
United States 1.00 May/16
Uruguay 11.00 May/16
Uzbekistan 5.60 Dec/15
Venezuela 180.90 Dec/15
Vietnam 2.40 Jun/16
Yemen 9.49 Nov/14
Zambia 21.30 May/16
Zimbabwe -1.69 May/16