Industrial producer prices in Italy fell by 1.5% year-on-year in April of 2023, the first decline since January of 2021 to mark a swift retreat since hitting the record high of 41.7% in September 2022. The decline was led by an 18.1% decrease in energy prices, as industrial costs of oil and natural gas have recovered from the surge triggered by the Russian invasion of Ukraine and consequent sanctions against the former. In the meantime, inflation persisted for consumer goods (7.8%), capital goods (5.2%), and intermediate goods (0.7%). On a monthly basis, producer prices fell by 4.6%, the fourth consecutive decline, and well above market expectations of a 0.5% increase. source: National Institute of Statistics (ISTAT)

Producer Prices Change in Italy averaged 3.09 percent from 1992 until 2023, reaching an all time high of 41.70 percent in September of 2022 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 June of 2023.

Producer Prices Change in Italy is expected to be 3.00 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 3.00 percent in 2024 and 3.30 percent in 2025, according to our econometric models.

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Italy Producer Prices Change



Calendar GMT Actual Previous Consensus TEForecast
2023-05-02 10:00 AM Mar 3.8% 9.6% 1.8% 5.0%
2023-05-30 08:00 AM Apr -1.5% 3.7% 4%
2023-06-28 09:30 AM May -1.5% -1.5%


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 Inflation Rate 6.09 6.22 percent May 2023
Core Consumer Prices 113.20 112.70 points 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 Producer Prices Change
In Italy, the industrial producer price index measures the evolution of output prices for goods manufactured in Italy and sold on the domestic and non-domestic markets.
Actual Previous Highest Lowest Dates Unit Frequency
-1.50 3.70 41.70 -7.60 1992 - 2023 percent Monthly

News Stream
Italian Producer Prices Unexpectedly Fall in April
Industrial producer prices in Italy fell by 1.5% year-on-year in April of 2023, the first decline since January of 2021 to mark a swift retreat since hitting the record high of 41.7% in September 2022. The decline was led by an 18.1% decrease in energy prices, as industrial costs of oil and natural gas have recovered from the surge triggered by the Russian invasion of Ukraine and consequent sanctions against the former. In the meantime, inflation persisted for consumer goods (7.8%), capital goods (5.2%), and intermediate goods (0.7%). On a monthly basis, producer prices fell by 4.6%, the fourth consecutive decline, and well above market expectations of a 0.5% increase.
2023-05-30
Italian Producer Inflation Falls to 2-Year Low
Industrial producer prices in Italy rose by 3.8% year-on-year in March of 2023, the least since March 2021 and pulling back sharply from the 9.6% in the previous month, as the index now includes the initial economic impact of the Russian invasion of Ukraine on European energy prices. Still, the result was above market expectations of 1.8). Producer prices fell for energy (-4.8% vs 8.1% in February), while the PPI decelerated for intermediate goods (4.4% vs 7.8%), capital goods (5.8% vs 7%), and consumer goods (8.9% vs 10.1%). On a monthly basis, producer prices fell by 1.5%, the third consecutive decrease.
2023-05-02
Italian Producer Prices Fall to Near 2-Year Low
Industrial producer prices in Italy fell to 9.6 percent year-on-year in February of 2023, the least since June 2021, pulling back from the 11.1 percent increase in the previous month and sharply below the record-high of 41.7 percent touched in September, largely due to base effects regarding regulated energy prices. While remaining high, inflation fell for energy products (8.1 percent vs 10.7 percent), intermediate goods (7.8 percent vs 10.8 percent), and capital goods (7 percent vs 8.4 percent), while consumer goods prices eased to a lesser extent (10.1 percent vs 10.2 percent. On a monthly basis, industrial producer prices fell by 1 percent, after tumbling 7.5 percent in the previous month.
2023-03-30