Skyline of Florence, Italy

Italy Inflation July 2019

Italy: Inflation at 15-month low in July

Consumer prices rose 0.1% month-on-month in July, matching June’s reading, according to provisional data released by the National Statistical Institute (ISTAT) on 31 July. The figure reflected higher prices for services related to recreation, and for services related to transport, more than offsetting lower prices for unprocessed food, regulated energy products and non-regulated energy products. Meanwhile, inflation decelerated to 0.5% in July, from June’s 0.7%, marking the lowest reading since April 2018, mainly due to a much slower increase for prices of housing and utilities.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, rose 0.3% from the previous month in July, following June’s 0.2% increase. Meanwhile, core inflation inched up from June’s 0.4% to 0.5%, while harmonized inflation fell to 0.4% from June’s 0.8%, the lowest record since end 2016.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest