Inflation Italy 2016
Average inflation: -0.1%
Current Inflation
There is deflation with consumer prices declining by 0.1%.
Peak and Trough
The highest inflation was in December at 0.5%. The lowest inflation was in April at -0.5%.
- Highest month
- December: 0.5%
- Lowest month
- April: -0.5%
- Difference
- 1.0 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 1.5%. The lowest price increase was in Housing, water, electricity, gas and other fuels with an average of -1.6%.
- Highest increase
- Alcoholic beverages, tobacco and narcotics: 1.5%
- Lowest increase
- Housing, water, electricity, gas and other fuels: -1.6%
Historical Context
Current inflation is 1.0% lower than the 5-year average of 0.9%.
- 5-year average
- 0.9%
- 10-year average
- 1.5%
- All-time high (2008)
- 3.4%
- All-time low (2016)
- -0.1%
Trend
Inflation has remained relatively stable. Compared to 2015, the difference is minimal (-0.1 percentage point).
- Change vs. previous year
- -0.1 percentage points
- Largest monthly swing
- January: +0.9 percentage points
ECB Target
Inflation is 2.1% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €99.90 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 0.3% | +0.9 |
| February | -0.3% | -0.2 |
| March | -0.2% | -0.1 |
| April | -0.5% | -0.4 |
| May | -0.3% | -0.4 |
| June | -0.4% | -0.6 |
| July | -0.1% | -0.3 |
| August | -0.1% | -0.3 |
| September | 0.1% | -0.1 |
| October | -0.2% | -0.5 |
| November | 0.1% | 0.0 |
| December | 0.5% | +0.4 |
| Average | -0.1% |
Data source
Data from OECD. Last updated: 11/01/2026.