Producer prices in Italy went down 2.5 percent year-on-year in November of 2019, following a downwardly revised 2.9 percent drop in the previous month and compared with market expectations of a 3 percent fall. It was the fifth straight decline in producer prices, although cost fell less in the domestic market (-3.6 percent vs -4.1 percent in October) and rose faster in the foreign one (0.4 percent vs 0.2 percent). On a monthly basis, producer prices went down 0.2 percent, following a flat reading in October.
Producer Prices Change in Italy averaged 1.91 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. 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. source: National Institute of Statistics (ISTAT)
Producer Prices Change in Italy is expected to be 0.50 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 1.10 in 12 months time. In the long-term, the Italy Producer Prices Change is projected to trend around 1.70 percent in 2020, according to our econometric models.