Italy Inflation


Italy: Inflation rises slightly in September

September 30, 2015

According to preliminary estimates, consumer prices fell 0.3% in September over the previous month, contrasting August’s 0.2% increase and marking an eight-month low. The reading was in line with market expectations. The result mainly reflected a significant decrease in non-regulated energy product prices. Inflation rose from August’s 0.2% to 0.3% in September, which marked the highest reading since June 2014.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, fell 0.4% in September over the previous month, contrasting August’s 0.4% increase. Core inflation tallied 0.9% in September (August: 0.8%). Finally, annual harmonized inflation rose 0.2% in September, which was below August’s 0.4% increase.

FocusEconomics Consensus Forecast panelists expect inflation to average 0.1% in 2015, which is unchanged from last month’s projection. For 2016, panelists expect inflation to average 0.9%.

Author:, Economist

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Italy Inflation Chart

Italy Inflation September 2015

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

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