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Italy Annual Inflation Rate

Italy's annual inflation rate fell to 0.98% in 2024, down from 5.62% in 2023, according to World Bank. This represents a decrease of 4.64% from the previous year. Italy has the 20th lowest annual inflation rate. Within Europe, it ranks 42nd out of 43 countries.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 0.98%
2023 5.62%
2022 8.2%
2021 1.87%
2020 -0.14%
2019 0.61%
2018 1.14%
2017 1.23%
2016 -0.09%
2015 0.04%
2014 0.24%
2013 1.22%
2012 3.04%
2011 2.78%
2010 1.53%
2009 0.77%
2008 3.35%
2007 1.83%
2006 2.09%
2005 1.99%
2004 2.21%
2003 2.67%
2002 2.47%
2001 2.79%
2000 2.54%
1999 1.66%
1998 1.96%
1997 2.04%
1996 4.01%
1995 5.24%
1994 4.05%
1993 4.63%
1992 5.27%
1991 6.25%
1990 6.46%
1989 6.26%
1988 5.06%
1987 4.75%
1986 5.82%
1985 9.21%
1984 10.79%
1983 14.65%
1982 16.48%
1981 17.97%
1980 21.06%
1979 14.8%
1978 12.09%
1977 17.13%
1976 16.61%
1975 16.95%
1974 19.16%
1973 10.8%
1972 5.75%
1971 4.79%
1970 4.97%
1969 2.66%
1968 1.28%
1967 3.73%
1966 2.35%
1965 4.52%
1964 5.91%
1963 7.45%
1962 4.69%
1961 2.05%
1960 2.35%
Italy Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Italy.
Indicator Last Value Prior Value Period
Core Inflation Rate 2% 2.1% Sep'25
Inflation Rate 1.6% 1.6% Sep'25
Inflation Rate MoM -0.2% 0.1% Sep'25
Producer Price Index (PPI) 0.2% 1.6% Aug'25