Italy Inflation Rate
2.9%▼ −0.12 pt
Jul 2026 · Monthly
Italy's annual inflation rate eased to 2.9% in July 2026 from 3.0% in June, marking the second consecutive decline after a recent peak of 3.2% in May. The rate remains far below the all-time high of 25.2% recorded in November 1974. The series dates back to January 1956.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.9% | 3.0% | 25.2%Nov 1974 | -2.0%Jul 1959 | 1956 – 2026 | Monthly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Producer Price Inflation | 6.8% | 4.2% | 41.8% | -16.0% | Apr 2026 | Monthly |
About this series
Inflation Rate in Italy averaged 2.6% from 1956 until 2026, reaching an all-time high of 25.2% in Nov 1974 and a record low of -2.0% in Jul 1959. The series is reported monthly with history from 1956.
The inflation rate measures the year-over-year change in the consumer price index for Italy. It is expressed as a percentage and reported on a monthly basis. The series spans from January 1956 to the present.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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