Italy Inflation June 2018

Italy

Italy: Inflation continues to rise in June

June 28, 2018

According to provisional data released by the National Statistical Institute (ISTAT) on 28 June, consumer prices rose 0.3% month-on-month in June, mirroring May’s reading. The figure mainly reflected higher prices for non-regulated energy products and transport, which were partially offset by lower prices for communications. Meanwhile, inflation came in at 1.4% in June, above the previous month’s 1.0% print and the highest figure in over one year.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, grew 0.3% month-on-month in June, above May’s 0.1% rise. Meanwhile, core inflation was 0.9% in June, marginally up from May’s 0.8%. Finally, harmonized inflation came in at 1.5% (May: 1.0%).

FocusEconomics Consensus Forecast panelists expect inflation of 1.4% in 2018, which is unchanged from last month’s projection. For 2019, panelists expect inflation to average 1.5%.


Author: Massimo Bassetti, Economist

Sample Report

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

Download

Italy Inflation Chart


Italy Inflation June 2018

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


Italy Economic News

  • Italy: Consumer confidence continues to sink in April

    April 23, 2019

    The consumer confidence index released by the National Institute of Statistics (ISTAT) declined to 110.5 points in April from March’s 111.2 points, marking the worst result since July 2017. April’s deterioration was broad-based: the economic, personal, current, and future components, all lost ground.

    Read more

  • Italy: Business confidence close to four-year low in April

    April 23, 2019

    The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing, construction, market services and retail sectors—fell to 98.7 points in April from March’s revised 99.1 points (previously reported: 99.2 points), and moving closer to February’s four-year low of 98.2 points. April’s reading came mainly on the back of plunging sentiment in the retail sector, and was also affected by falling sentiment in the manufacturing and market services sectors, which more than offset stronger sentiment in the construction sector.

    Read more

  • Italy: Industrial production shows further signs of life in February

    April 10, 2019

    Industrial output rose 0.8% in February on a month-on-month, seasonally-adjusted basis, following January’s stronger 1.9% jump.

    Read more

  • Italy: Manufacturing sector in dire state in March

    April 1, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) dipped to 47.4 in March from February’s 47.7, marking the worst reading in close to six years.

    Read more

  • Italy: Inflation stable in March

    March 29, 2019

    According to provisional data released by the National Statistical Institute (ISTAT) on 29 March, consumer prices rose 0.3% month-on-month in March, following February’s 0.2% increase.

    Read more

More news

Search form