Cost of food in Italy increased 0.80 percent in December of 2020 over the same month in the previous year. source: National Institute of Statistics (ISTAT)

Food Inflation in Italy averaged 1.77 percent from 1997 until 2020, reaching an all time high of 6.26 percent in July of 2008 and a record low of -1.18 percent in July of 1997. This page provides the latest reported value for - Italy Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Food Inflation - values, historical data and charts - was last updated on January of 2021.

Food Inflation in Italy is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Food Inflation in Italy to stand at 1.60 in 12 months time. In the long-term, the Italy Food Inflation is projected to trend around 1.80 percent in 2022, according to our econometric models.

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Italy Food Inflation

Actual Previous Highest Lowest Dates Unit Frequency
0.80 1.30 6.26 -1.18 1997 - 2020 percent Monthly
2010=100

Italy Prices Last Previous Highest Lowest Unit
Inflation Rate -0.20 -0.20 25.64 -0.60 percent [+]
Inflation Rate Mom 0.20 -0.10 3.50 -2.40 percent [+]
Consumer Price Index CPI 102.60 102.40 103.50 3.60 points [+]
Harmonised Consumer Prices 103.50 103.30 104.20 67.50 points [+]
Core Consumer Prices 102.80 102.50 103.70 69.10 points [+]
Core Inflation Rate 0.60 0.40 3.06 0.10 percent [+]
GDP Deflator 104.45 105.33 105.33 63.97 points [+]
Producer Prices 100.60 100.80 106.60 61.80 points [+]
Producer Prices Change -2.30 -2.40 9.20 -7.60 percent [+]
Export Prices 112.80 113.00 113.50 6.00 points [+]
Import Prices 103.00 101.30 111.40 46.50 points [+]
Food Inflation 0.80 1.30 6.26 -1.18 percent [+]
CPI Housing Utilities 101.40 101.30 106.30 56.90 points [+]
CPI Transportation 102.50 100.90 109.50 61.90 points [+]