Italy Inflation June 2021

Italy

Italy: Inflation stable in June

July 15, 2021

Consumer prices increased 0.10% from the previous month in June, after flatlining in May. Looking at the details of the release, prices for transport increased in June. Meanwhile, prices for food and non-alcoholic beverages declined.

Inflation came in at 1.3% in June, matching May’s reading. Annual average inflation edged up to 0.3% in June (May: 0.1%). Lastly, harmonized inflation rose to 1.4% in June, from the previous month'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 June 2021 0

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


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