Inflation Rate in Italy increased to 1.70 percent in June from 1.60 percent in May of 2025. This dataset 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 for 2024 was 0.98%, a 4.64% decline from 2023.

<ul style='margin-top:20px;'>

<li>Italy inflation rate for 2023 was <strong>5.62%</strong>, a <strong>2.58% decline</strong> from 2022.</li>
<li>Italy inflation rate for 2022 was <strong>8.20%</strong>, a <strong>6.33% increase</strong> from 2021.</li>
<li>Italy inflation rate for 2021 was <strong>1.87%</strong>, a <strong>2.01% increase</strong> from 2020.</li>
</ul>Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

In 2024, the average inflation rate in Italy stood at about 1.09 percent. Between 1980 and 2024, the figure dropped by approximately 20.71 percentage points, though the decline followed an uneven course rather than a steady trajectory. From 2024 to 2030, the inflation will rise by around 0.91 percentage points, showing an overall upward trend with periodic ups and downs.This indicator measures inflation based upon the year-on-year change in the average consumer price index, expressed in percent. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services.

Core consumer prices in Italy increased 2 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2022, Italy experienced an inflation rate of over eight percent compared to the previous year, the highest since at least 2004. 2022 was characterized by high inflation rates worldwide following the COVID-19 pandemic and the Russia-Ukraine crisis. In 2023, the consumer price index dropped to 5.6 percent, showing a partial decrease in the inflationary phenomenon.The term inflation, also known as currency devaluation (drop in the value of money), is characterized by a steady rise in prices for finished products (consumer goods, capital goods). The consumer price index tracks price trends of private consumption expenditure, and shows an increase in the index's current level of inflation.

Graph and download economic data for Inflation, consumer prices for Italy (FPCPITOTLZGITA) from 1960 to 2024 about Italy, consumer, CPI, inflation, price index, indexes, and price.

The Consumer Price Index in Italy increased 0.20 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - Italy Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Harmonised Inflation Rate YoY in Italy decreased to 1.70 percent in May from 2 percent in April of 2025. This dataset includes a chart with historical data for Italy Harmonised Inflation Rate YoY.

Italy: Inflation forecast: The latest value from 2030 is 2 percent, unchanged from 2 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Italy from 1980 to 2030 is 4.45 percent. The minimum value, -0.29 percent, was reached in 2020 while the maximum of 21.18 percent was recorded in 1980.

Services Inflation in Italy decreased to 2.60 percent in May from 3 percent in April of 2025. This dataset includes a chart with historical data for Italy Services Inflation.

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Italy was 1.71 percent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 2.04 percent. Compared to a year ago, we see an increase from the inflation...

In 2025, three quarters of Italians stated that their salary or pension was not enough to cover their living expenses, compared to less than 30 percent affirming that their income was adequate to the cost of living.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Italy (CPGRLE01ITM657N) from Feb 1960 to Nov 2023 about Italy, core, all items, CPI, inflation, price index, indexes, and price.

In april 2025, the consumer price index (CPI) in Italy stood at 122.6, compared to 120.3 in the same month of the previous year. The Consumer price index is a measure that examines the changes in the purchasing-power of a currency and the inflation rate. It detects changes in the price level of a market basket of consumer goods and services purchased by households.

Inflation, monthly percent change in the CPI in Italy, May, 2025 The most recent value is -0.08 percent as of May 2025, a decline compared to the previous value of 0.4 percent. Historically, the average for Italy from February 1996 to May 2025 is 0.18 percent. The minimum of -2.49 percent was recorded in January 2015, while the maximum of 3.81 percent was reached in October 2022. | TheGlobalEconomy.com

Italy: Inflation: percent change in the Consumer Price Index: The latest value from 2023 is 5.6 percent, a decline from 8.2 percent in 2022. In comparison, the world average is 9.9 percent, based on data from 160 countries. Historically, the average for Italy from 1960 to 2023 is 5.7 percent. The minimum value, -0.1 percent, was reached in 2016 while the maximum of 21.1 percent was recorded in 1980.

Cost of food in Italy increased 3.20 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Italy Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2025, 46 percent of Italians had to change their non-food consumption habits due to increased prices in Italy, and 29 percent will have to do so within the next months. On the contrary, only 25 percent of did not change their consumption behaviors.

Graph and download economic data for Consumer Price Index: OECD Groups: All Items Non-Food Non-Energy: Total for Italy (CPGRLE01ITQ657N) from Q2 1960 to Q3 2023 about Italy, core, all items, CPI, inflation, price index, indexes, and price.

Energy Inflation in Italy decreased to -1.80 percent in May from -0.80 percent in April of 2025. This dataset includes a chart with historical data for Italy Energy Inflation.