Italy Inflation Rate

Last Release

May 31, 2025

Actual

1.7

Units In

1.9

Frequency

Monthly

Next Release

Jun 30, 2025

Time to Release

29 Days 5 Hours

Highest	Lowest	Average	Date Range	Source
25.64 Nov 1974	-0.6 Jan 2015	5.7 %	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

Italy’s annual consumer price inflation eased to 1.7% in May 2025, down from 1.9% in both March and April, according to preliminary data. The figure was in line with market expectations and marked the lowest inflation rate since February. It also remained below the European Central Bank’s 2.0% target for the 20th consecutive month, reinforcing the view of persistent disinflationary pressures in the eurozone’s third-largest economy. The slowdown in inflation was mainly driven by lower price growth for regulated energy goods (29.1% vs. 31.7% in April) and unprocessed food (3.7% vs. 4.2%), as well as services related to recreation, culture, personal care (3.0% vs. 3.6%) and transport (2.6% vs. 4.4%). In addition, there was a sharper decline in non-regulated energy goods prices (-4.3% vs. -3.4%). On a monthly basis, consumer prices were flat in May, following a 0.1% increase in April and coming in slightly below the expected 0.1% rise.