Italy's EU-harmonised consumer price inflation was at a five-month low of 9.8% in the 12 months to February of 2023, compared to the preliminary estimate of 9.9% and down from 10.7% in the prior month. source: National Institute of Statistics (ISTAT)

Harmonised Inflation Rate YoY in Italy averaged 2.69 percent from 1990 until 2023, reaching an all time high of 12.60 percent in October of 2022 and a record low of -1.00 percent in September of 2020. This page includes a chart with historical data for Italy Harmonised Inflation Rate YoY. Italy Harmonised Inflation Rate YoY - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Harmonised Inflation Rate YoY in Italy is expected to be 9.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Harmonised Inflation Rate YoY is projected to trend around 2.20 percent in 2024 and 2.00 percent in 2025, according to our econometric models.

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Italy Harmonised Inflation Rate YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-03-02 10:00 AM Harmonised Inflation Rate YoY Prel Feb 9.9% 10.7% 9.4% 8.2%
2023-03-16 09:00 AM Harmonised Inflation Rate YoY Final Feb 9.8% 10.7% 9.9% 9.9%
2023-03-31 09:00 AM Harmonised Inflation Rate YoY Prel Mar 9.8% 9.1%

Related Last Previous Unit Reference
Inflation Rate 9.10 10.00 percent Feb 2023
Harmonised Consumer Prices 119.50 119.30 points Feb 2023
Harmonised Inflation Rate MoM 0.10 -1.50 percent Feb 2023

Italy Harmonised Inflation Rate YoY
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.
Actual Previous Highest Lowest Dates Unit Frequency
9.80 10.70 12.60 -1.00 1990 - 2023 percent Monthly