Producer prices in Italy decreased 2.5 percent year-on-year in October 2020, following a 3.1 percent drop in the previous month. It was the fifteenth consecutive month of falls but the softest since February. Cost declined at a softer pace in the domestic market (-2.9 percent vs -3.8 percent in September) and in the foreign market (-1.1 percent vs -1.2 percent), of which Euro area countries (-0.7 percent vs -0.9 percent) and non-eurozone (-1.5 percent vs -1.3 percent). On a monthly basis, producer prices went up 0.6 percent, after a 0.1 percent gain. source: National Institute of Statistics (ISTAT)
Producer Prices Change in Italy averaged 1.74 percent from 1992 until 2020, reaching an all time high of 9.20 percent in July of 1995 and a record low of -7.60 percent in July of 2009. This page provides the latest reported value for - Italy Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on December of 2020.
Producer Prices Change in Italy is expected to be -1.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Italy to stand at 0.90 in 12 months time. In the long-term, the Italy Producer Prices Change is projected to trend around 1.20 percent in 2021 and 1.60 percent in 2022, according to our econometric models.