Italy Inflation


Consumer prices drop again in March

According to preliminary estimates, consumer prices rose 0.1% in March, which came in below the 0.4% increase tallied in the previous month and was in line with market expectations. March’s increase mainly reflected higher prices for energy products, which were partially offset by a decline in the price of fresh vegetables. In annual terms, consumer prices dropped 0.1% in March, which mirrored February’s reading.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, posted a flat reading over the previous month in March. This came in below the 0.3% rise recorded in February. Annual core inflation eased from February’s 0.6% to 0.4%. Finally, annual harmonized consumer prices swung from a 0.1% increase in February to a 0.1% decrease in March.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.2% in 2015, which is down 0.1 percentage points from the previous month’s projection. For 2016, panelists expect inflation to average 0.7%.

Author:, Economist

Sample Report

Looking for forecasts related to Inflation in Italy? Download a sample report now.


Italy Inflation Chart

Italy Inflation March 2015

Note: Year-on-year and month-on-month var. of consumer price index in %.
Source: National Statistical Institute (Istat).

Italy Economic News

  • Italy: Annual variation in consumer prices turns positive in September

    October 14, 2016

    According to revised data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% from the previous month in September.

    Read more

  • Italy: Industrial production rebounds strongly in August

    October 10, 2016

    In August, industrial output increased 1.7% from the previous month, accelerating from July’s revised 0.7% increase (previously reported: +0.4% month-on-month).

    Read more

  • Italy: PMI returns to expansion in September

    October 3, 2016

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose from 49.8 in August to 51.0 in September, taking it above the 50-threshold that separates expansion from contraction in the manufacturing sector. September’s result mainly reflected a return to growth in new orders, which, in the previous month, had dropped slightly for the first time in over one-and-a-half years.

    Read more

  • Italy: Annual variation in consumer prices turns positive in September

    September 30, 2016

    According to provisional data released by the Italian Statistical Institute (ISTAT), consumer prices fell 0.2% over the previous month in September, contrasting August’s 0.2% increase and marking the lowest result in seven months.

    Read more

  • Italy: Business confidence rebounds in September

    September 28, 2016

    The National Institute of Statistics’ (Istat) composite business confidence indicator (IESE, Istat Economic Sentiment Indicator), which covers the manufacturing, construction, service and retail sectors, increased from a revised 99.5 in August (previously reported: 99.4) to 101.0 in September. All four categories of the indicator improved compared to August.

    Read more

More news

Search form