Italy Inflation November 2018

Italy

Italy: Inflation remains stable in November

December 14, 2018

According to revised data released by the National Statistical Institute (ISTAT) on 14 December, consumer prices dropped a revised 0.2% month-on-month in November (previously reported: -0.1% month-on-month), following October’s flat reading. The figure reflected lower prices for services related to recreation, and for services related to transport. These were only partially offset by higher prices for unprocessed food. Meanwhile, inflation came in at a revised 1.6% in November (previously reported: 1.7%), mirroring October’s print.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, dropped 0.4% month-on-month in November, matching October’s decline. Meanwhile, core inflation came in at October’s 0.7% in November, and harmonized inflation dropped to 1.6% from October’s 1.7%.

Italy Inflation Forecast


FocusEconomics Consensus Forecast panelists expect inflation of 1.5% in 2019, which is unchanged from last month’s projection. For 2020, panelists expect inflation to average 1.7%.


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 November 2018 0

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