Producer prices in Italy increased 2.1 percent year-on-year in April of 2019, easing from a 2.9 percent rise in the previous month and below market expectations of a 2.5 percent gain. This is the lowest producer inflation since April last year, as prices slowed for manufactured goods sold in the domestic market (2.8 percent vs 3.6 percent in March) and those sold in the foreign market (0.6 percent vs 0.9 percent). On a monthly basis, producer prices decreased 1.1 percent, after being flat in the previous month. Producer Prices Change in Italy averaged 1.98 percent from 1992 until 2019, 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 2.50 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 2.20 in 12 months time. In the long-term, the Italy Producer Prices Change is projected to trend around 1.90 percent in 2020, according to our econometric models.