Italy Inflation Rate 1958-2014 | Data | Chart | Calendar | Forecast

The inflation rate in Italy was recorded at -0.10 percent in August of 2014. Inflation Rate in Italy averaged 6.15 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).

   
 
 

Italy Inflation Rate


Actual Previous Highest Lowest Dates Unit Frequency
-0.10 0.09 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 Tuesday, September 16, 2014.


Italy Inflation Rate Confirmed at -0.1% in August


Italian consumer prices fell 0.1 percent year-on-year in August of 2014, matching preliminary estimates. The country’s annual inflation rate touched the negative territory for the first time in nearly 55 years due to a drop in energy prices.

Year-on-year, prices of energy fell 3.6 percent in August, mainly driven by a 1.2 percent drop in cost of non-regulated energy products. Additional downward pressures came from food cost (-0.5 percent), mainly unprocessed food (-1.8 percent) and communication (-9.0 percent). Meanwhile, prices of services slowed (0.6 percent in August compared with a 0.7 percent increase in July). 

Excluding energy, annual inflation was 0.4 percent, up from 0.3 percent in July 2014; excluding unprocessed food and energy, core inflation was 0.5 percent (0.1 lower than in July 2014).

On a monthly basis, consumer prices rose 0.2 percent in August, following a 0.1 percent drop in July. The increase was mainly due to rising prices of services related to transport (+3.8 percent) on which seasonal factors had an impact. This increase was partially balanced by a fall in cost of non-regulated energy products (-0.5 percent). 

The Italian harmonized index of consumer prices decreased by 0.2 percent compared both with the previous month and with August 2013 (in July 2014, the annual rate of change was equal to zero). 

Istat | Joana Taborda | joana.taborda@tradingeconomics.com
9/12/2014 10:37:47 AM


Recent Releases

Italy Falls into Deflation
Italian annual inflation rate touched the negative territory for the first time in nearly 55 years. Consumer prices are expected to fall 0.1 percent in August of 2014 over a year earlier, following a 0.1 percent increase in July. Published on 2014-08-29

Italy Inflation Rate Confirmed at 1% in July
Italian annual inflation rate slowed to 0.1 percent in July of 2014 from 0.3 percent in the previous month, confirming the preliminary estimates. Published on 2014-08-12


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
2014-07-31 10:00 AM Italy
Inflation Rate YoY
Jul 2014 0.1% 0.3% 0.3% 0.26%
2014-08-12 09:00 AM Italy
Inflation Rate YoY - Final
Jul 2014 0.1% 0.3% 0.1%
2014-08-29 10:00 AM Italy
Inflation Rate YoY
Aug 2014 -0.1% 0.1% -0.2% 0.05%
2014-09-12 10:00 AM Italy
Inflation Rate YoY - Final
Aug 2014 -0.1% 0.1% -0.1% -0.1%
2014-09-30 10:00 AM Italy
Inflation Rate YoY
Sep 2014 -0.1% -0.18%


Prices Last Previous Highest Lowest Unit
Inflation Rate -0.10 0.09 25.64 -2.44 Percent [+]
Inflation Rate Mom 0.20 -0.10 3.50 -2.40 Percent [+]
Consumer Price Index CPI 107.70 107.50 107.80 3.90 Index Points [+]
Core Inflation Rate 0.47 0.57 3.06 0.47 Percent [+]
Harmonised Consumer Prices 117.90 120.40 120.40 116.70 Index Points [+]
Core Consumer Prices 106.70 106.30 106.70 73.80 Index Points [+]
GDP Deflator 115.26 115.26 115.26 63.97 Index Points [+]
Producer Prices 106.00 105.90 109.80 63.60 Index Points [+]
Producer Prices Change -1.58 -1.40 9.21 -7.55 Percent [+]
Export Prices 113.80 113.30 114.50 6.90 Index Points [+]
Import Prices 110.80 110.20 118.10 49.40 Index Points [+]
Food Inflation -0.46 -0.74 6.26 -1.18 Percent [+]


Inflation Rate Reference Previous Highest Lowest Unit
Australia 3.00 Jun/14 2.90 23.90 -1.30 Percent [+]
Brazil 6.51 Aug/14 6.50 6821.31 1.65 Percent [+]
Canada 2.10 Jul/14 2.40 21.60 -17.80 Percent [+]
China 2.00 Aug/14 2.30 28.40 -2.20 Percent [+]
Euro Area 0.30 Aug/14 0.40 5.00 -0.70 Percent [+]
France 0.40 Aug/14 0.50 18.80 -0.70 Percent [+]
Germany 0.80 Aug/14 0.85 11.54 -7.62 Percent [+]
India 7.80 Aug/14 7.96 11.16 7.31 Percent [+]
Indonesia 3.99 Aug/14 4.53 82.40 -1.17 Percent [+]
Italy -0.10 Aug/14 0.09 25.64 -2.44 Percent [+]
Japan 3.40 Jul/14 3.60 25.00 -2.52 Percent [+]
Mexico 4.15 Aug/14 4.07 179.73 2.91 Percent [+]
Netherlands 1.00 Aug/14 0.89 11.19 -1.30 Percent [+]
Russia 7.60 Aug/14 7.50 2333.30 3.60 Percent [+]
South Korea 1.40 Aug/14 1.60 32.50 0.20 Percent [+]
Spain -0.50 Aug/14 -0.34 28.43 -1.37 Percent [+]
Switzerland 0.10 Aug/14 0.00 11.92 -1.37 Percent [+]
Turkey 9.54 Aug/14 9.32 138.71 -4.01 Percent [+]
United Kingdom 1.50 Aug/14 1.60 8.50 0.50 Percent [+]
United States 2.00 Jul/14 2.10 23.70 -15.80 Percent [+]





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