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

Consumer prices in Italy are expected to increase by 0.3 percent year-on-year in January of 2016, up from a 0.1 percent growth in the previous month and matching market expectations. While prices of transport-related services rose following a decline in the previous month, energy cost fell at a slower pace. On a monthly basis, consumer prices are expected to drop by 0.2 percent, after showing no growth in December. Inflation Rate in Italy averaged 6.32 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).

Italy Inflation Rate
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Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.10 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 February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-01-05 10:00 AM Dec 0.1% 0.1% 0.2% 0.2%
2016-01-15 09:00 AM Dec 0.1% 0.1% 0.1% 0.1%
2016-02-03 10:00 AM Jan 0.3% 0.1% 0.3% 0.2%
2016-02-22 09:00 AM Jan 0.1% 0.3%
2016-02-29 10:00 AM Feb 0.1%
2016-03-15 09:00 AM Feb

Italy Inflation Rate Up to 0.3% in January


Consumer prices in Italy are expected to increase by 0.3 percent year-on-year in January of 2016, up from a 0.1 percent growth in the previous month and matching market expectations. While prices of transport-related services rose following a decline in the previous month, energy cost fell at a slower pace.

Year-on-year, cost of transport-related services went up by 0.5 percent, after falling by 1.7 percent in December; while prices of non-regulated energy goods dropped by 5.8 percent, easing from a 8.7 percent fall in the previous month and those of regulated energy products declined by 1.3 percent compared to a 2 percent decrease in December. On the contrary, prices of unprocessed food increased at a much slower 0.6 percent from 2.3 percent increase, holding back the increase in the overall index.

Meanwhile, core inflation rate (excluding energy and unprocessed food) went up to 0.8 percent from 0.6 percent in the previous month.

On a monthly basis, consumer prices dropped by 0.2 percent, after showing no growth in December, mainly due to lower prices of energy goods (-1.7 percent), recreational, cultural and personal care (-0.5 percent) and unprocessed food (-0.5 percent) while prices of various services (+0.2 percent), of other goods (+0.2 percent) and food products (+0.1 percent) rose the most.

Harmonised consumer prices increased by 0.4 percent year-on year but declined sharply by 2.2 percent on a monthly basis.

Istat | Joana Ferreira | joana.ferreira@tradingeconomics.com
2/3/2016 10:39:38 AM

Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 0.30 0.10 25.64 -0.60 percent [+]
Inflation Rate Mom -0.20 0.00 3.50 -2.40 percent [+]
Harmonised Consumer Prices 120.10 120.20 120.70 80.60 Index Points [+]
Consumer Price Index CPI 107.30 107.30 107.90 3.90 Index Points [+]
Core Consumer Prices 106.80 106.60 107.50 73.80 Index Points [+]
Core Inflation Rate 0.57 0.66 3.06 0.28 percent [+]
GDP Deflator 105.88 105.41 105.88 63.97 Index Points [+]
Producer Prices 101.10 101.80 109.80 63.60 Index Points [+]
Producer Prices Change -3.30 -3.30 9.20 -7.60 percent [+]
Export Prices 116.30 115.80 117.90 6.90 Index Points [+]
Import Prices 103.80 104.20 118.10 49.40 Index Points [+]
Food Inflation 1.20 1.50 6.26 -1.18 percent [+]




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