Italy Inflation June 2021

Italy

Italy: Inflation remains stable in June

June 30, 2021

According to a flash estimate, consumer prices increased 0.10% over the previous month in June, after flatlining in May. Looking at the details of the release, the reading largely reflected higher price pressures for transport.

Inflation came in at 1.3% in June, matching May’s figure. Annual average inflation rose to 0.3% in June (May: 0.1%). Lastly, harmonized inflation ticked up to 1.4% in June, from May’s 1.2%.

FocusEconomics panelists expect harmonized inflation to average 1.2% in 2021, which is up 0.1 percentage points from the previous month’s projection. For 2022, panelists expect harmonized inflation to average 1.0%.


Author:, Economist

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Italy Inflation Chart


Italy Inflation June 2021

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


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