Skyline of Florence, Italy

Italy Inflation September 2018

Italy: Inflation softens in September following four consecutive months of acceleration

According to revised data released by the National Statistical Institute (ISTAT) on 16 October, consumer prices dropped a revised 0.5% month-on-month in September (previously reported: -0.4% month-on-month), contrasting August’s 0.4% increase. The figure largely reflected lower prices for services related to transport, and recreation and culture—mainly attributable to seasonal factors—which were partially offset by higher prices for education, and clothing and footwear. Meanwhile, inflation came in at a revised 1.4% in September (previously reported: 1.5%), below August’s 1.6% print and marking the first deceleration in five months.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, dropped 0.7% month-on-month in September, contrasting August’s 0.5% rise. Meanwhile, core inflation inched down from August’s 0.8% to 0.7% in September, and harmonized inflation dropped to 1.5% in September from the previous month’s 1.6%.

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