Italy Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Italy inflation rate for 2023 was 5.62%, a 2.58% decline from 2022.
- Italy inflation rate for 2022 was 8.20%, a 6.33% increase from 2021.
- Italy inflation rate for 2021 was 1.87%, a 2.01% increase from 2020.
- Italy inflation rate for 2020 was -0.14%, a 0.75% decline from 2019.
Italy Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2023 |
5.62% |
-2.58% |
2022 |
8.20% |
6.33% |
2021 |
1.87% |
2.01% |
2020 |
-0.14% |
-0.75% |
2019 |
0.61% |
-0.53% |
2018 |
1.14% |
-0.09% |
2017 |
1.23% |
1.32% |
2016 |
-0.09% |
-0.13% |
2015 |
0.04% |
-0.20% |
2014 |
0.24% |
-0.98% |
2013 |
1.22% |
-1.82% |
2012 |
3.04% |
0.26% |
2011 |
2.78% |
1.26% |
2010 |
1.53% |
0.75% |
2009 |
0.77% |
-2.57% |
2008 |
3.35% |
1.52% |
2007 |
1.83% |
-0.26% |
2006 |
2.09% |
0.11% |
2005 |
1.99% |
-0.22% |
2004 |
2.21% |
-0.47% |
2003 |
2.67% |
0.21% |
2002 |
2.47% |
-0.32% |
2001 |
2.79% |
0.25% |
2000 |
2.54% |
0.87% |
1999 |
1.66% |
-0.29% |
1998 |
1.96% |
-0.09% |
1997 |
2.04% |
-1.96% |
1996 |
4.01% |
-1.23% |
1995 |
5.24% |
1.18% |
1994 |
4.05% |
-0.57% |
1993 |
4.63% |
-0.64% |
1992 |
5.27% |
-0.98% |
1991 |
6.25% |
-0.21% |
1990 |
6.46% |
0.20% |
1989 |
6.26% |
1.20% |
1988 |
5.06% |
0.31% |
1987 |
4.75% |
-1.08% |
1986 |
5.82% |
-3.38% |
1985 |
9.21% |
-1.59% |
1984 |
10.79% |
-3.85% |
1983 |
14.65% |
-1.83% |
1982 |
16.48% |
-1.49% |
1981 |
17.97% |
-3.09% |
1980 |
21.06% |
6.27% |
1979 |
14.80% |
2.70% |
1978 |
12.09% |
-5.04% |
1977 |
17.13% |
0.52% |
1976 |
16.61% |
-0.34% |
1975 |
16.95% |
-2.21% |
1974 |
19.16% |
8.36% |
1973 |
10.80% |
5.05% |
1972 |
5.75% |
0.96% |
1971 |
4.79% |
-0.18% |
1970 |
4.97% |
2.31% |
1969 |
2.66% |
1.38% |
1968 |
1.28% |
-2.46% |
1967 |
3.73% |
1.39% |
1966 |
2.35% |
-2.17% |
1965 |
4.52% |
-1.39% |
1964 |
5.91% |
-1.54% |
1963 |
7.45% |
2.76% |
1962 |
4.69% |
2.64% |
1961 |
2.05% |
-0.30% |
1960 |
2.35% |
-0.30% |