Inflation Italy 2007

Average inflation: 1.8%

Current Inflation

Inflation is low at 1.8%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 2.6%. The lowest inflation was in April at 1.5%.

Highest month
December: 2.6%
Lowest month
April: 1.5%
Difference
1.1 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Alcoholic beverages, tobacco and narcotics with an average of 3.4%. The lowest price increase was in Communication with an average of -8.4%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 3.4%
Lowest increase
Communication: -8.4%

Historical Context

Current inflation is around the 5-year average of 2.2%. This approaches the lowest level since records began (1.8% in 2007).

5-year average
2.2%
10-year average
2.3%
All-time high (2001)
2.8%
All-time low (2007)
1.8%

Trend

Inflation has remained relatively stable. Compared to 2006, the difference is minimal (-0.3 percentage point).

Change vs. previous year
-0.3 percentage points
Largest monthly swing
April: -0.7 percentage points

ECB Target

Inflation is close to the ECB target of 2.0%.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2007

Inflation by category

Food and non-alcoholic beverages
2.9%
+1.1vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
3.4%
+1.6vs avg.
More details →
Clothing and footwear
1.4%
-0.4vs avg.
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Housing, water, electricity, gas and other fuels
2.6%
+0.8vs avg.
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Furnishings, household equipment and maintenance
2.5%
+0.7vs avg.
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Health
-0.3%
-2.1vs avg.
More details →
Transport
2.2%
+0.4vs avg.
More details →
Communication
-8.4%
-10.2vs avg.
More details →
Recreation and culture
1.1%
-0.7vs avg.
More details →
Education
2.3%
+0.5vs avg.
More details →
Restaurants and hotels
2.6%
+0.8vs avg.
More details →
Miscellaneous goods and services
2.4%
+0.6vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2006
January 1.7% -0.5
February 1.8% -0.3
March 1.7% -0.4
April 1.5% -0.7
May 1.5% -0.7
June 1.7% -0.6
July 1.6% -0.6
August 1.6% -0.6
September 1.7% -0.4
October 2.1% +0.3
November 2.4% +0.6
December 2.6% +0.7
Average 1.8%

Data source

Data from OECD. Last updated: 11/01/2026.

See also