Italy Inflation Rate

Last Release

Jul 31, 2025

Actual

1.7

Units In

1.7

Frequency

Monthly

Next Release

Aug 29, 2025

Time to Release

17 Days 23 Hours

Highest	Lowest	Average	Date Range	Source
25.64 Nov 1974	-0.6 Jan 2015	5.69 %	1962-2025	National Institute of Statistics (ISTAT)

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.

Latest Updates

The annual inflation rate in Italy remained unchanged from the previous month at 1.7% in July of 2025, aligned with the preliminary estimate, and contrasting with the initial market expectations that it would ease to 1.5%. Consistently, the EU-harmonized inflation rate inched lower to 1.7% from 1.8% in the previous month, tying the lowest rate so far this year and remaining below the ECB's target of 2%, but above expectations of 1.6%. Inflation rose for both unprocessed (5.1% vs 4.2% in June) and processed (2.8% vs 2.7%) food, in addition to miscellaneous services (2.2% vs 1.6%) and transportation services (3.3% vs 2.9%). In turn, prices slowed for regulated energy (17.1% vs 22.6%) and recreational and cultural services (2.7% vs 3.2%). The core inflation rate, which excludes volatile and often exogenous fresh food and energy subindices, remained unchanged at 2%. From the previous month, the Italian CPI rose by 0.4%.