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

The inflation rate in Italy was recorded at -0.19 percent in February of 2015. Inflation Rate in Italy averaged 6.41 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
-0.19 -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 Sunday, March 1, 2015.


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

Year-on-year, energy cost dropped 8.5 percent in February, leading to a 3.1 percent fall in transport cost. Housing, water, electricity and gas prices dropped 1.4 percent while recreation and culture declined 0.2 percent.

On the other hand, prices increased for restaurants and hotels (+1 percent), health (+0.4 percent), furnishing and household equipment (+0.3 percent) and clothing and footwear (+0.2 percent). Cost of food rose 1 percent, mostly due to a recovery in fresh vegetables prices (11.2 percent from -1.7 percent in the previous month).

Excluding unprocessed food and energy, 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 percent higher than in January).

On a monthly basis, consumer prices increased 0.3 percent in February of 2015, after a 0.4 drop last month. Energy prices advanced 0.2 percent after declined 3.73 percent in January of 2015, which led to rises in cost of transport (+ 0.7 percent) and services related to transport (+ 0.8 percent), on which seasonal factors had an impact. Prices of health and restaurants and hotels increased 0.1 percent, respectively. Clothing and footwear and furnishing and household equipment index were unchanged.

Food prices expanded 1 percent, mostly due to an 8.2 percent rise in fresh vegetables, which seasonally factors had an impact, too.

The harmonized index rose by 0.1 percent with respect to February of 2014, and 0.4 percent with respect to the previous month.

Istat | Carolina Cunha | Carolina.cunha@tradingeconomics.com
2/27/2015 11:13:14 AM


Recent Releases

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

Italy Inflation Rate Falls to Lowest on Record
Consumer Prices in Italy are expected to fall by an annual 0.6 percent in January of 2015, slipping deeper into deflationary territory due to lower cost of energy and decreases in transport prices. Published on 2015-02-03


Calendar GMT Event Actual Previous Consensus Forecast (i)
2015-02-03 10:00 AM
Inflation Rate YoY Prel  Jan
-0.6% 0.0% -0.3% -0.2%
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
-0.6% -0.2% -0.2%
2015-03-31 10:00 AM
Inflation Rate YoY Prel  Mar
-0.61%
2015-04-14 09:00 AM
Inflation Rate YoY Final  Mar


Italy Prices Last Previous Highest Lowest Unit
Inflation Rate -0.19 -0.60 25.64 -0.60 percent [+]
Inflation Rate Mom 0.30 -0.40 3.50 -2.40 percent [+]
Consumer Price Index CPI 107.10 106.80 107.80 3.90 Index Points [+]
Core Inflation Rate 0.28 0.57 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 104.70 104.91 105.02 63.97 Index Points [+]
Producer Prices 104.50 105.20 109.80 63.60 Index Points [+]
Producer Prices Change -1.80 -1.20 9.20 -7.60 percent [+]
Export Prices 114.80 116.30 116.30 6.90 Index Points [+]
Import Prices 107.50 109.20 118.10 49.40 Index Points [+]
Food Inflation 0.09 -0.19 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 7.14 Jan/15 6.41 6821.31 1.65 percent [+]
Canada 1.00 Jan/15 1.50 21.60 -17.80 percent [+]
China 0.80 Jan/15 1.50 28.40 -2.20 percent [+]
Euro Area -0.60 Jan/15 -0.20 5.00 -0.70 percent [+]
France -0.40 Jan/15 0.10 18.80 -0.70 percent [+]
Germany 0.10 Feb/15 -0.40 11.54 -7.62 percent [+]
India 5.11 Jan/15 5.00 11.16 4.38 percent [+]
Indonesia 6.96 Jan/15 8.36 82.40 -1.17 percent [+]
Italy -0.19 Feb/15 -0.60 25.64 -0.60 percent [+]
Japan 2.40 Jan/15 2.40 25.00 -2.52 percent [+]
Mexico 3.07 Jan/15 4.08 179.73 2.91 percent [+]
Netherlands 0.00 Jan/15 0.70 11.19 -1.30 percent [+]
Russia 15.00 Jan/15 11.40 2333.30 3.60 percent [+]
South Korea 0.80 Jan/15 0.80 32.50 0.20 percent [+]
Spain -1.10 Feb/15 -1.30 28.43 -1.37 percent [+]
Switzerland -0.50 Jan/15 -0.30 11.92 -1.37 percent [+]
Turkey 7.24 Jan/15 8.17 138.71 -4.01 percent [+]
United Kingdom 0.30 Jan/15 0.50 8.50 0.30 percent [+]
United States -0.10 Jan/15 0.80 23.70 -15.80 percent [+]