Producer prices in Italy advanced 2.7 percent year-on-year in March of 2021, accelerating from a 0.7 percent gain in the previous month. It was the highest producer inflation since March 2019, as cost rose faster in the domestic market (3 percent vs 0.7 percent) and in the foreign market (1.6 percent vs 0.4 percent), of which Euro area countries (1.6 percent vs 1 percent) and non-eurozone (1.5 percent vs a flat reading in February). On a monthly basis, producer prices went up 0.9 percent, following a 0.5 percent increase in February. source: National Institute of Statistics (ISTAT)
Producer Prices Change in Italy averaged 1.71 percent from 1992 until 2021, reaching an all time high of 9.20 percent in July of 1995 and a record low of -7.60 percent in July of 2009. This page provides the latest reported value for - Italy Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Italy Producer Prices Change - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.
Producer Prices Change in Italy is expected to be 0.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Italy to stand at 1.40 in 12 months time. In the long-term, the Italy Producer Prices Change is projected to trend around 1.60 percent in 2022 and 1.80 percent in 2023, according to our econometric models.