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

The inflation rate in Italy was recorded at 0.10 percent in October of 2014. Inflation Rate in Italy averaged 6.13 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 -0.20 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 Friday, October 31, 2014.


Italy Inflation Rate Accelerates in October


Italian consumer prices are expected to increase by an annual 0.1 percent in October, following a 0.2 percent drop in September. The inflation rate accelerated for the first time in six months as gas and communication prices fell at a slower pace.

Upward pressures came mainly from prices of regulated energy products (-2.6 percent in October from -6.6 percent in September), mainly gas (-5.9 percent, from -11.1 percent) ? and from communication services (-1.0 percent, from -5.6 percent in the previous month).

Excluding unprocessed food and energy, core inflation was recorded at 0.5 percent (up from 0.4 percent in the previous month); excluding energy, the inflation was 0.4 percent (0.1 percent higher than in September 2014).

From September to October, consumer prices are expected to increase 0.1 percent, after a 0.4 percent fall in the previous period. The increase is mainly due to higher price of gas (+ 4.7 percent) and electricity (+ 1.6 percent). Yet, downward pressures came from cost of non-regulated energy products (-0.9 percent) and services related to transport (-0.7 percent), on which seasonal factors had an impact.

The harmonized CPI rose 0.3 percent compared with the previous month and 0.2 percent with respect to October of 2013.

Istat | Carolina Cunha | Carolina.cunha@tradingeconomics.com
10/31/2014 11:05:55 AM


Recent Releases

Italy Inflation Rate Falls More Than Expected
Italian consumer prices fell 0.2 percent year-on-year in September of 2014, lower than a preliminary estimate of a 0.1 percent decrease. It is the lowest rate in fifty-five years and the second consecutive month of negative inflation. Published on 2014-10-14

Italy Inflation Rate at -0.1% in September
Italian consumer prices are expected to fall by an annual 0.1 percent in September, the same rate recorded in August, dragged down by lower energy cost. On a monthly basis, the inflation rate is expected to fall 0.3 percent. Published on 2014-09-30


Calendar GMT Country Event Reference Actual Previous Consensus Forecast
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% -0.1% -0.1% -0.18%
2014-10-14 09:00 AM Italy
Inflation Rate YoY - Final
Sep 2014 -0.2% -0.1% -0.1% -0.1%
2014-10-31 10:00 AM Italy
Inflation Rate YoY
Oct 2014 0.1% -0.2% -0.2% -0.14%
2014-11-13 09:00 AM Italy
Inflation Rate YoY - Final
Oct 2014 -0.2% 0.1% 0.1%


Italy Prices Last Previous Highest Lowest Unit
Inflation Rate 0.10 -0.20 25.64 -2.44 Percent [+]
Inflation Rate Mom 0.10 -0.40 3.50 -2.40 Percent [+]
Consumer Price Index CPI 107.30 107.70 107.80 3.90 Index Points [+]
Core Inflation Rate 0.38 0.47 3.06 0.38 Percent [+]
Harmonised Consumer Prices 117.90 120.40 120.40 116.70 Index Points [+]
Core Consumer Prices 106.20 106.70 106.70 73.80 Index Points [+]
GDP Deflator 115.26 115.26 115.26 63.97 Index Points [+]
Producer Prices 105.70 105.70 109.80 63.60 Index Points [+]
Producer Prices Change -1.70 -1.60 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 -0.09 -0.46 6.26 -1.18 Percent [+]