Inflation Italy 2017
Average inflation: 1.2%
Current Inflation
Inflation is low at 1.2%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in April at 1.9%. The lowest inflation was in November at 0.9%.
- Highest month
- April: 1.9%
- Lowest month
- November: 0.9%
- Difference
- 1.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Transport with an average of 3.5%. The lowest price increase was in Education with an average of -4.7%.
- Highest increase
- Transport: 3.5%
- Lowest increase
- Education: -4.7%
Historical Context
Current inflation is 0.7% higher than the 5-year average of 0.5%.
- 5-year average
- 0.5%
- 10-year average
- 1.4%
- All-time high (2008)
- 3.4%
- All-time low (2016)
- -0.1%
Trend
Inflation shows an upward trend. Compared to 2016, inflation has risen by +1.3 percentage point.
- Change vs. previous year
- +1.3 percentage points
- Largest monthly swing
- April: +2.4 percentage points
ECB Target
Inflation is 0.8% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
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 €101.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 1.0% | +0.7 |
| February | 1.6% | +1.9 |
| March | 1.4% | +1.6 |
| April | 1.9% | +2.4 |
| May | 1.4% | +1.7 |
| June | 1.2% | +1.6 |
| July | 1.1% | +1.2 |
| August | 1.2% | +1.3 |
| September | 1.1% | +1.0 |
| October | 1.0% | +1.2 |
| November | 0.9% | +0.8 |
| December | 0.9% | +0.4 |
| Average | 1.2% |
Data source
Data from OECD. Last updated: 11/01/2026.