Italy Inflation

Italy

Italy: Inflation rises to highest level in almost three years

September 30, 2011

According to a preliminary estimate released by ISTAT on 30 September, consumer prices rose 0.1% in September, which was down from the 0.3% increase recorded in August but contrasted the 0.2% price drop recorded in the same month last year. Accordingly, annual inflation picked up from 2.8% in August to 3.1% in September, which was above market expectations of 2.7% increase and marked the highest level since October 2008. The core inflation index, which excludes more volatile categories such as unprocessed food and energy, was flat over the previous month, which was down from August's 0.3% increase. Despite the flat reading, annual core inflation rose from 2.2% in August to 2.5%, the highest level since January 2009. Annual HICP inflation jumped from 2.3% in August to 3.5% in September. The Bank of Italy sees HICP inflation averaging 2.7% this year, before dropping to 1.9% next year.


Author:, Head of Data Solutions

Sample Report

Looking for forecasts related to Inflation in Italy? Download a sample report now.

Download




Italy Economic News

  • Italy: Industrial production contracts notably in November

    January 11, 2019

    Industrial output contracted 1.6% in November on a month-on-month, seasonally-adjusted basis, following October’s revised 0.1% contraction (previously reported: +0.1% month-on-month).

    Read more

  • Italy: Inflation falls in December on slowing energy prices

    January 4, 2019

    According to a second estimate released by the National Statistical Institute (ISTAT) on 16 January, consumer prices dropped 0.1% month-on-month in December, a softer drop than November’s 0.2% decline.

    Read more

  • Italy: Manufacturing sector continues to contract in December

    January 2, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) inched up to 49.2 in December from November’s near four-year low of 48.6.

    Read more

  • Italy: Business confidence declines for the sixth consecutive month in December

    December 21, 2018

    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—edged down to 99.8 points in December from November’s revised 101.0 points (previously reported: 101.1 points), marking the worst reading in two years. December’s reading was the result of a deterioration in sentiment in the manufacturing, construction and market services sectors, which more than offset improved sentiment in the retail trade sector.

    Read more

  • Italy: Consumer confidence at over one-year low in December

    December 21, 2018

    The consumer confidence index released by the National Institute of Statistics (ISTAT) declined to 113.1 points in December from November’s revised 114.7 points (previously reported: 114.8 points), marking the worst result since August 2017. Consumers’ expectations of the future general economic situation and their assessments on the current general economic situation deteriorated, likely due to concerns about the recent turbulence in the financial markets, the contraction of the economy in the third quarter and the negative effects of the 2019 budget.

    Read more

More news

Search form