The annual inflation rate in Italy was revised lower to 0.4 percent in August 2019, compared to a preliminary estimate of 0.5 percent and unchanged from the previous month. That was the lowest inflation rate since November 2016, amid a slowdown in cost of transport. Inflation Rate in Italy averaged 5.97 percent from 1962 until 2019, reaching an all time high of 25.64 percent in November of 1974 and a record low of -0.60 percent in January of 2015.
Inflation Rate in Italy is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Italy to stand at 1.00 in 12 months time. In the long-term, the Italy Inflation Rate is projected to trend around 1.50 percent in 2020, according to our econometric models.