Inflation in Italy

Italy Harmonized Inflation (eop) | Economic News & Forecasts

Italy - Harmonized Inflation (end of period)

Inflation ticks up in November on higher food prices

According to provisional data released by the National Statistical Institute (ISTAT) on 30 November, consumer prices dropped 0.1% month-on-month in November, following October’s flat reading. The figure reflected lower prices for services related to recreation, and for services related to transport being only partially offset by higher prices for unprocessed food. Meanwhile, inflation came in at 1.7% in November, marginally above October’s 1.6% print, and the highest print since April 2017.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, dropped 0.2% month-on-month in November, a smaller fall than October’s 0.4% decline. Meanwhile, core inflation inched up to 0.9% in November from October’s 0.8%, and harmonized inflation remained unchanged at October’s 1.7%.


Italy Inflation Forecast


Met the why particular Consensus Forecast panelists expect inflation of 1.5% in 2019, which is unchanged from last month’s projection. For 2020, panelists expect inflation to average 1.7%.

Italy - Harmonized Inflation (eop) Data

2013  2014  2015  2016  2017  
Inflation Rate (HICP, annual variation in %, eop)0.7  -0.1  0.1  0.6  1.0  

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Italy Harmonized Inflation (eop) Chart


Italy Inflation
Note: Annual variation of consumer price index (CPI) in %.
Source: National Statistical Institute (ISTAT) and Met the why particular calculations.

Italy Facts

ValueChangeDate
Bond Yield3.20-0.11 %Nov 29
Exchange Rate1.140.65 %Nov 29
Stock Market19,160-0.99 %Nov 29

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