Skyline of Florence, Italy

Italy 3-Month EURIBOR (%, eop)

Harmonized inflation eased to 10.7% in January from 12.3% in December. It should continue to decline ahead due to softer domestic demand and higher interest rates. However, statistical carry-over and pass-through effects will keep it historically high. A stronger-than-expected euro poses a downside risk. Energy and commodity price swings are key factors to watch.

Italy 3-Month EURIBOR (%, eop) Data

2017 2018 2019 2020 2021
3-Month EURIBOR (%, eop) -0.33 -0.31 -0.38 -0.55 -0.57

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