Inflation in Italy
Italy - Harmonized Inflation (end of period)
Inflation at close to three-year low in September
Consumer prices fell a revised 0.6% month-on-month in September (previously reported: -0.5% month-on-month), contrasting August’s 0.4% increase, according to revised data released by the National Statistical Institute (ISTAT) on 16 October. The figure mainly reflected lower prices for services related to transport, influenced by seasonal factors. Meanwhile, inflation dipped to 0.3% (previously reported: 0.4%) from August’s 0.4%, marking the lowest reading since November 2016.
Core consumer prices, which exclude more volatile categories such as unprocessed food and energy, dropped 0.6% from the previous month in September, swinging from August’s 0.5% increase. Meanwhile, core inflation inched up from August’s 0.5% to 0.6%, while harmonized inflation fell to 0.2% from August’s 0.5%.
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%.
Italy - Harmonized Inflation (eop) Data
|Inflation Rate (HICP, annual variation in %, eop)||0.7||-0.1||0.1||0.6||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Italy Harmonized Inflation (eop) Chart
Source: National Statistical Institute (ISTAT) and FocusEconomics calculations.
|Bond Yield||0.82||-0.40 %||Sep 04|
|Exchange Rate||1.10||0.65 %||Sep 04|
|Stock Market||21,738||-0.99 %||Sep 04|
Get a sample report showing our regional, country and commodities data and analysis.
Request a Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.
October 16, 2019
Consumer prices fell a revised 0.6% month-on-month in September (previously reported: -0.5% month-on-month), contrasting August’s 0.4% increase, according to revised data released by the National Statistical Institute (ISTAT) on 16 October.
October 10, 2019
Industrial output rose 0.3% in August on a month-on-month, seasonally-adjusted basis, following July’s revised 0.8% drop (previously reported: -0.7% month-on-month).
October 1, 2019
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) fell to 47.8 in September from 48.7 in August.
September 30, 2019
Consumer prices fell 0.5% month-on-month in September, contrasting August’s 0.4% increase, according to provisional data released by the National Statistical Institute (ISTAT) on 30 September.
September 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—fell to 98.5 in September from August’s 98.9. September’s reading came on the back of worsening confidence in the manufacturing and retail trade sectors, which more than offset stronger sentiment in the construction and market services sectors.