Industrial producer prices in Italy increased by 4.1 percent year-on-year in December of 2018, easing from a 4.5 percent rise in the previous month. It was the lowest producer inflation since June, as cost slowed for both manufactured goods sold in the domestic market (5.2 percent from 5.8 percent in November) and in the foreign market (1.2 percent from 1.4 percent). On a monthly basis, producer prices went down 0.5 percent, after a 0.7 percent fall in November. Producer Prices Change in Italy averaged 1.96 percent from 1992 until 2018, 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.
Producer Prices Change in Italy is expected to be 2.90 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 2.40 in 12 months time. In the long-term, the Italy Producer Prices Change is projected to trend around 2.20 percent in 2020, according to our econometric models.