Skyline of Florence, Italy

Italy Inflation April 2018

Italy: Inflation drops to an over one-year low in April

According to a second estimate released by the National Statistical Institute (ISTAT) on 16 May, consumer prices rose 0.1% month-on-month in April. The reading was down from a 0.3% increase in March and confirmed the preliminary estimate. The figure mainly reflected higher prices for processed food including alcohol; non-regulated energy products; and services related to recreation, which were affected by seasonal factors. These increases were almost entirely offset by lower prices for regulated energy products, due to lower tariffs for electricity and gas. Meanwhile, inflation came in at 0.5% in April, below the previous month’s 0.8% print and the lowest figure since November 2016.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, grew 0.4% in April month-on-month, up slightly from March’s 0.3% rise. However, core inflation moderated to 0.5% in April, down from 0.7% in March. Finally, harmonized inflation came in at 0.6% (March: 0.9%).

Italy Inflation Forecast

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