According to more detailed data for April, consumer prices rose 0.2% over the previous month. The figure met the preliminary estimate and followed the 0.1% increase recorded in March. The figure was driven by higher prices for transport and recreation. Annual inflation rose from 0.4% in March to 0.6% in April, which slightly overshot the 0.5% the market had expected. The core inflation index, which excludes more volatile categories such as unprocessed food and energy, rose 0.4% over the previous month. The figure, which marked the highest increase in eight months, was up from the 0.2% rise tallied in March. Annual core inflation edged up from 0.9% in March to 1.1% in April-the highest rate since November 2013. Finally, annual average HICP inflation eased to 0.8% in April. The reading was just below the 0.9% tallied in March and marked the lowest rate since April 2010. FocusEconomics Consensus Forecast panelists expect inflation to average 0.8% in 2014, which is down 0.2 percentage points from the previous month's projection. For 2015, panelists expect inflation to average 1.2%.
Inflation rises in April
May 13, 2014
Looking for forecasts related to Inflation in Italy? Download a sample report now.
Italy Inflation Chart
Note: Year-on-year and month-on-month var. of consumer price index in %.
Source: National Statistical Institute (Istat).
Italy Economic News
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.
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).
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.
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.
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.