Consumer prices in Italy rose by 0.3% from the previous month in May, easing slightly from the 0.4% increase in the previous month. source: National Institute of Statistics (ISTAT)

Inflation Rate MoM in Italy averaged 0.44 percent from 1957 until 2023, reaching an all time high of 3.50 percent in January of 1980 and a record low of -2.40 percent in November of 1958. This page provides the latest reported value for - Italy Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Inflation Rate MoM - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

Inflation Rate MoM in Italy is expected to be 0.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Inflation Rate MoM is projected to trend around 0.30 percent in 2024 and 0.10 percent in 2025, according to our econometric models.

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Italy Inflation Rate MoM

Calendar GMT Actual Previous Consensus TEForecast
2023-05-16 08:00 AM Inflation Rate MoM Final Apr 0.4% -0.4% 0.5% 0.5%
2023-05-31 09:00 AM Inflation Rate MoM Prel May 0.3% 0.4% -0.1% 0.3%
2023-06-16 08:00 AM Inflation Rate MoM Final May 0.4% 0.3%

Related Last Previous Unit Reference
Inflation Rate 7.60 8.20 percent May 2023
Inflation Rate MoM 0.30 0.40 percent May 2023
Harmonised Consumer Prices 121.80 121.50 points May 2023
Consumer Price Index CPI 119.70 119.30 points May 2023
Core Consumer Prices 113.20 112.70 points May 2023
Core Inflation Rate 6.09 6.22 percent May 2023
GDP Deflator 113.93 112.00 points Mar 2023
Producer Prices 140.40 147.50 points Apr 2023
Producer Prices Change -1.50 3.70 percent Apr 2023
Export Prices 153.70 153.00 points Mar 2023
Import Prices 155.80 158.00 points Mar 2023
Food Inflation 11.90 12.10 percent May 2023
CPI Transportation 121.70 122.80 points May 2023
CPI Housing Utilities 152.70 151.90 points May 2023

Italy Inflation Rate MoM
In Italy, the most important categories in the Consumer Price Index are: food and non-alcoholic beverages (16 percent of total weight); transport (15 percent); restaurants and hotels (12 percent); housing, water, electricity and other fuels (10 percent); and miscellaneous goods and services (10 percent). The index also includes: health (9 percent); recreation and culture (8 percent); clothing and footwear (7 percent); and furnishing and household equipment (7 percent). Alcoholic beverages, tobacco, communication and education contribute with the remaining 6 percent.
Actual Previous Highest Lowest Dates Unit Frequency
0.30 0.40 3.50 -2.40 1957 - 2023 percent Monthly