According to a preliminary estimate released by ISTAT on 29 July, consumer prices rose 0.3% in July, up from the 0.1% increase recorded in June and mirroring the result seen the same month last year. Accordingly, annual inflation remained unchanged at June's 2.7%, which was above market expectations of a 2.6% rise. The core inflation index, which excludes more volatile categories such as unprocessed food and energy, rose 0.3%, in line with a similar sized increase in June. Accordingly, annual core inflation was unchanged at 2.1%, the highest level since March 2009. Finally, annual average HICP inflation dropped notably from 3.0% in June to 2.1%. The Bank of Italy sees HICP inflation averaging 2.7% this year, while dropping to 1.9% next year.
Inflation remains stable in July
July 29, 2011
Looking for forecasts related to Inflation in Italy? Download a sample report now.
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.