Industrial producer prices in Italy fell by 5.5% year-on-year in June of 2023, declining for the third consecutive month at the sharpest rate since September 2009 as energy prices declined since surging as the consequence of Russia’s invasion of Ukraine. Energy costs sank by 26.1% in the period, while the prices of intermediate goods decreased by 2.9%. In the meantime, inflation for consumer goods was at 6.7%, while that for capital foods came at a slower 4.1%. On a monthly basis, producer prices fell by 0.3%, slowing from the 2.3% decline in the previous month. source: National Institute of Statistics (ISTAT)

Producer Prices Change in Italy averaged 3.05 percent from 1992 until 2023, reaching an all time high of 41.70 percent in September of 2022 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 August of 2023.

Producer Prices Change in Italy is expected to be -13.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Italy Producer Prices Change is projected to trend around 3.00 percent in 2024 and 2.30 percent in 2025, according to our econometric models.

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Italy Producer Prices Change



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-06-28 08:15 AM May -4.3% -1.5% -9.4% -9.2%
2023-07-28 08:00 AM Jun -5.5% -4.3% -6.4%
2023-09-01 09:00 AM Jul -5.5% -9.9%


Related Last Previous Unit Reference
Inflation Rate 5.93 6.40 percent Jul 2023
Inflation Rate MoM 0.00 0.00 percent Jul 2023
Consumer Price Index CPI 119.70 119.70 points Jul 2023
Harmonised Consumer Prices 119.90 121.80 points Jul 2023
Core Inflation Rate 5.18 5.58 percent Jul 2023
Core Consumer Prices 113.80 113.50 points Jul 2023
GDP Deflator 113.85 111.99 points Mar 2023
Producer Prices 136.80 137.20 points Jun 2023
Producer Prices Change -5.50 -4.30 percent Jun 2023
Export Prices 152.60 154.60 points Jun 2023
Import Prices 152.20 151.20 points Jun 2023
Food Inflation 10.90 11.00 percent Jul 2023
CPI Transportation 123.10 122.50 points Jul 2023
CPI Housing Utilities 145.60 147.60 points Jul 2023

Italy Producer Prices Change
In Italy, the industrial producer price index measures the evolution of output prices for goods manufactured in Italy and sold on the domestic and non-domestic markets.
Actual Previous Highest Lowest Dates Unit Frequency
-5.50 -4.30 41.70 -7.60 1992 - 2023 percent Monthly

News Stream
Italian Producer Inflation Falls to 14-Year Low
Industrial producer prices in Italy fell by 5.5% year-on-year in June of 2023, declining for the third consecutive month at the sharpest rate since September 2009 as energy prices declined since surging as the consequence of Russia’s invasion of Ukraine. Energy costs sank by 26.1% in the period, while the prices of intermediate goods decreased by 2.9%. In the meantime, inflation for consumer goods was at 6.7%, while that for capital foods came at a slower 4.1%. On a monthly basis, producer prices fell by 0.3%, slowing from the 2.3% decline in the previous month.
2023-07-28
Italy Producer Prices Fall Less than Expected
Industrial producer prices in Italy fell by 4.3% year-on-year in May 2023, declining for the second month but coming below the market estimates of the 9.4% plunge, pushed by decreased cost of energy (-24.2% vs 18.1% in April) and intermediate goods (-1.7% vs 0.7%). Meanwhile, inflation also decelerated for consumer goods (7.2% vs 7.8%) and capital goods (4.7% vs 5.2%). On a monthly basis, producer prices fell by 2.3% in May, following a prior 4.8% drop.
2023-06-28
Italian Producer Prices Unexpectedly Fall in April
Industrial producer prices in Italy fell by 1.5% year-on-year in April of 2023, the first decline since January of 2021 to mark a swift retreat since hitting the record high of 41.7% in September 2022. The decline was led by an 18.1% decrease in energy prices, as industrial costs of oil and natural gas have recovered from the surge triggered by the Russian invasion of Ukraine and consequent sanctions against the former. In the meantime, inflation persisted for consumer goods (7.8%), capital goods (5.2%), and intermediate goods (0.7%). On a monthly basis, producer prices fell by 4.6%, the fourth consecutive decline, and well above market expectations of a 0.5% increase.
2023-05-30