Producer prices in Italy surged 13.3 percent year-on-year in September of 2021 from 11.6 percent in the previous month, the highest reading since at least 1991, weighed from the low base effect brought by the pandemic. Costs accelerated for both the domestic market (15.6 percent vs 13.8 percent) and the foreign market (7.3 percent vs 6.4 percent), including inside (8 percent vs 7 percent) and outside (6.6 percent vs 5.8 percent) the eurozone. On a monthly basis, producer prices accelerated 1.6 percent from a 0.5 percent increase in August. source: National Institute of Statistics (ISTAT)
Producer Prices Change in Italy averaged 1.85 percent from 1992 until 2021, reaching an all time high of 13.30 percent in September of 2021 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. Italy Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Producer Prices Change in Italy is expected to be 7.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Producer Prices Change is projected to trend around 1.90 percent in 2022 and 1.80 percent in 2023, according to our econometric models.