Skyline of Florence, Italy

Italy Inflation August 2021

Italy: Inflation comes in at highest level since January 2013 in August

A second estimate confirmed consumer prices rose 0.48% in August over the previous month, matching July’s reading. Looking at the details of the release, prices for food and non-alcoholic beverages rebounded in August while prices for transportation accelerated.

Inflation came in at 2.0% in August (previously reported: 2.1%), which was up from July’s 1.9%. August’s figure marked the highest inflation rate since January 2013. Annual average inflation edged up to 0.7% in August (July: 0.5%). Lastly, harmonized inflation rose to 2.6% in August, from July’s 1.0%.

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