Inflation Italy 2018

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in August at 1.6%. The lowest inflation was in February at 0.5%.

Highest month
August: 1.6%
Lowest month
February: 0.5%
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 2.9%. The lowest price increase was in Education with an average of -12.1%.

Highest increase
Alcoholic beverages, tobacco and narcotics: 2.9%
Lowest increase
Education: -12.1%

Historical Context

Current inflation is 0.6% higher than the 5-year average of 0.5%.

5-year average
0.5%
10-year average
1.2%
All-time high (2008)
3.4%
All-time low (2016)
-0.1%

Trend

Inflation shows an upward trend. Compared to 2017, inflation has risen by -0.1 percentage point.

Change vs. previous year
-0.1 percentage points
Largest monthly swing
April: -1.4 percentage points

ECB Target

Inflation is 0.9% 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 €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2018

Inflation by category

Food and non-alcoholic beverages
1.3%
+0.2vs avg.
More details →
Alcoholic beverages, tobacco and narcotics
2.9%
+1.8vs avg.
More details →
Clothing and footwear
0.2%
-0.9vs avg.
More details →
Housing, water, electricity, gas and other fuels
2.6%
+1.5vs avg.
More details →
Furnishings, household equipment and maintenance
0.2%
-0.9vs avg.
More details →
Health
-0.0%
-1.2vs avg.
More details →
Transport
2.8%
+1.7vs avg.
More details →
Communication
-3.0%
-4.1vs avg.
More details →
Recreation and culture
0.4%
-0.7vs avg.
More details →
Education
-12.1%
-13.2vs avg.
More details →
Restaurants and hotels
1.2%
+0.1vs avg.
More details →
Miscellaneous goods and services
2.2%
+1.1vs avg.
More details →

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

Month overview

Month Inflation Difference vs. 2017
January 0.9% -0.1
February 0.5% -1.1
March 0.8% -0.6
April 0.5% -1.4
May 1.0% -0.4
June 1.3% +0.1
July 1.5% +0.4
August 1.6% +0.4
September 1.4% +0.3
October 1.6% +0.6
November 1.6% +0.7
December 1.1% +0.2
Average 1.1%

Data source

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

See also