Italy Inflation June 2019


Italy: Inflation stable in June

June 28, 2019

Consumer prices rose 0.2% month-on-month in June, following May’s flat reading, according to provisional data released by the National Statistical Institute (ISTAT) on 28 June. The figure reflected higher prices for services related to transport, which were affected by seasonal factors, more than offsetting lower prices for unprocessed food, and for non-regulated energy products—which were pushed down by a high-base effect. Meanwhile, inflation came in at 0.8% in June, matching May’s print.

Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, rose 0.3% from the previous month in June, contrasting May’s 0.1% dip. Meanwhile, core inflation inched up from May’s 0.4% to 0.5%, while harmonized inflation declined to 0.8% from May’s 0.9%.

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.


Italy Inflation Chart

Italy Inflation June 2019

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

Italy Economic News

  • Italy: Manufacturing sector remains in the doldrums in November

    December 2, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) dipped to 47.6 in November from 47.7 in October.

    Read more

  • Italy: Inflation picks up in November

    November 29, 2019

    Consumer prices remained unchanged month-on-month in November, following October’s 0.1% dip, according to provisional data released by the National Statistical Institute (ISTAT) on 29 November.

    Read more

  • Italy: Second estimate confirms protracted stagnation in Q3

    November 29, 2019

    In the third quarter of the year, Italy’s GDP grew 0.1% over the previous period in seasonally- and working-day adjusted terms, according to a second estimate released by Italy’s Statistical Institute (ISTAT) on 29 November.

    Read more

  • Italy: Consumer confidence at over two-year low in November

    November 27, 2019

    The consumer confidence index released by the National Institute of Statistics (ISTAT) slumped to 108.5 in November from October’s 111.5, marking the worst reading since July 2017. November’s fall came on the back of a dive in the economic component coupled with significant deteriorations in the current and future components, while the personal component gained some ground.

    Read more

  • Italy: Business sentiment virtually stable in November

    November 27, 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—rose to 99.1 in November from October’s 98.9. November saw confidence in the market services and retail sectors broadly unchanged, while confidence in the manufacturing and construction sectors losing some ground.

    Read more

More news

Search form