Skyline of Florence, Italy

Italy Inflation July 2018

Italy: Inflation hits over one-year high in July

According to provisional data released by the National Statistical Institute (ISTAT) on 31 July, consumer prices rose 0.3% month-on-month in July, up from June’s 0.2% increase. The figure mainly reflected higher prices for non-regulated energy products and services related to recreation, which were partially offset by lower prices for unprocessed food. Meanwhile, inflation came in at 1.5% in July, above June’s 1.3% print and the highest figure in over one year.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, grew 0.2% month-on-month in July, matching June’s rise. Meanwhile, core inflation inched down to 0.7% in July, from June’s 0.8%; while harmonized inflation rose to 1.9% (June: 1.4%).

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