Core consumer prices in Italy increased 0.40 percent in May of 2019 over the same month in the previous year. Core Inflation Rate in Italy averaged 1.69 percent from 1997 until 2019, reaching an all time high of 3.06 percent in August of 2008 and a record low of 0.20 percent in October of 2016.
Core Inflation Rate in Italy is expected to be 0.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Inflation Rate in Italy to stand at 1.10 in 12 months time. In the long-term, the Italy Core Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.