# Italy Changes in inventories

Italy Changes in inventories was down 159.7% year on year in Q2 2026, compared with −131.2% in Q1 2026.
The level stood at −1,922.3 Current prices, million euro.
That is the lowest reading since Q3 2020.
Over the past ten years it has ranged from −721.7% (Q3 2020) to 2,679.5% (Q1 2025), averaging 123.5%.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `IT.INVENTORIES.Q.NOM`
- Frequency: quarterly
- Units: Current prices, million euro
- Coverage: 1995-01-01 to 2026-04-01 (126 observations)
- Page: https://makrognosis.robomacro.com/data/italy/changes-in-inventories

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| Q2 2026 | −1,922.3 Current prices, million euro | −159.7 |
| Q1 2026 | −1,606.0 Current prices, million euro | −131.2 |
| Q4 2025 | 6,029.6 Current prices, million euro | −17.4 |
| Q3 2025 | 1,846.8 Current prices, million euro | −78.8 |
| Q2 2025 | 3,222.3 Current prices, million euro | −42.8 |
| Q1 2025 | 5,139.3 Current prices, million euro | 2,679.5 |
| Q4 2024 | 7,299.5 Current prices, million euro | 243.6 |
| Q3 2024 | 8,730.1 Current prices, million euro | 843.5 |
| Q2 2024 | 5,636.5 Current prices, million euro | 9.1 |
| Q1 2024 | 184.9 Current prices, million euro | −74.8 |
| Q4 2023 | 2,124.5 Current prices, million euro | −67.1 |
| Q3 2023 | 925.3 Current prices, million euro | −95.6 |
| Q2 2023 | 5,165.0 Current prices, million euro | −65.1 |
| Q1 2023 | 734.4 Current prices, million euro | −95.0 |
| Q4 2022 | 6,458.9 Current prices, million euro | −50.8 |
| Q3 2022 | 21,004 Current prices, million euro | 492.2 |
| Q2 2022 | 14,816 Current prices, million euro | — |
| Q1 2022 | 14,774 Current prices, million euro | 168.3 |
| Q4 2021 | 13,121 Current prices, million euro | 1,528.8 |
| Q3 2021 | 3,546.5 Current prices, million euro | — |
| Q2 2021 | −851.7 Current prices, million euro | — |
| Q1 2021 | 5,505.8 Current prices, million euro | 40.8 |
| Q4 2020 | 805.6 Current prices, million euro | −61.1 |
| Q3 2020 | −7,575.9 Current prices, million euro | −721.7 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IT.INVENTORIES.Q.NOM"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IT.INVENTORIES.Q.NOM",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```