Makrognosis

Italy Inflation Rate (CPI)

MonthlyNot seasonally adjustedCode IT.CPI.M.NSA

Latest (y/y)5.4%October 2026
Previous (y/y)4.2%September 2026
Level105.5October 2026

Italy Inflation Rate (CPI) was up 5.4% year on year in October 2026, compared with 4.2% in September 2026.

The level stood at 105.5 (Index 2025=100).

That is the highest reading since August 2023.

Among the 80 economies Makrognosis covers on this measure, it is the 21st highest.

Over the past ten years it has ranged from −0.6% (Sep 2020) to 11.8% (Oct 2022), averaging 2.4%.

Italy Inflation Rate (CPI), annual % change, Jan 2017 – Oct 2026−2.5%0.0%2.5%5.0%7.5%10.0%12.5%20182020202220242026Robomacro
Italy Inflation Rate (CPI), annual % change, Jan 2017 – Oct 2026. Source: Italian National Institute of Statistics (ISTAT).
Italy Inflation Rate (CPI), level (Index 2025=100)80859095100105201620182020202220242026Robomacro
Italy Inflation Rate (CPI), level (Index 2025=100).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
October 2026105.55.4
September 2026104.64.2
August 2026103.93.3
July 2026103.42.9
June 2026103.13.0
May 2026103.13.2
April 2026102.72.7
March 2026101.61.7
February 2026101.11.5
January 2026100.41.0
December 2025100.01.1
November 202599.801.0
October 2025100.11.2
September 2025100.41.5
August 2025100.61.6
July 2025100.51.6
June 2025100.11.6
May 202599.901.5
April 2025100.01.9
March 202599.901.9
February 202599.601.6
January 202599.401.4
December 202498.901.3
November 202498.801.3

Last 24 observations. The full history (130 observations) is available through the API.

Get Italy Inflation Rate (CPI) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/IT.CPI.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IT.CPI.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationOctober 2026
First observationJanuary 2016
Observations130
FrequencyMonthly
UnitsIndex 2025=100
AdjustmentNot seasonally adjusted
10-year high11.8% (Oct 2022)
10-year low−0.6% (Sep 2020)
10-year average2.4%
Source agencyItalian National Institute of Statistics (ISTAT)
Makrognosis codeIT.CPI.M.NSA

Inflation Rate (CPI): how Italy compares

#EconomyPeriodLatest
1VenezuelaOct 2026376.9%
2SudanDec 202568.1%
3ArgentinaOct 202633.1%
4TurkeyOct 202629.8%
5HaitiSep 202616.4%
16UgandaOct 20265.8%
17GreeceOct 20265.7%
18BulgariaSep 20265.7%
19MontenegroSep 20265.5%
20IcelandSep 20265.4%
21ItalyOct 20265.4%
22CambodiaSep 20265.3%
23BelgiumOct 20265.3%
24PeruOct 20265.3%
25VietnamOct 20265.1%
26GeorgiaSep 20265.1%
27SpainSep 20264.9%

Inflation Rate (CPI) by country: all 80 economies ranked →

More Italy Inflation Rate (CPI) series

Italy HICP: Alcohol, tobacco & narcotics (2025=100)Italy HICP: All-items excl. energy & seasonal food (2025=100)Italy HICP: All-items excl. energy & unprocessed food (2025=100)Italy HICP: All-items excl. energy (2025=100)Italy HICP: All-items excl. tobacco (2025=100)Italy HICP: Clothing & footwear (2025=100)Italy HICP: Education services (2025=100)Italy HICP: Energy (2025=100)Italy HICP: Food & non-alcoholic beverages (2025=100)Italy HICP: Food (2025=100)Italy HICP: Furnishings & household equipment (2025=100)Italy HICP: Health (2025=100)Italy HICP: Housing, water, electricity & fuels (2025=100)Italy HICP: Industrial goods (2025=100)Italy HICP: Information & communication (2025=100)Italy HICP: Insurance & financial services (2025=100)Italy HICP: Non-energy industrial goods (2025=100)Italy HICP: Personal care & misc. goods/services (2025=100)Italy HICP: Recreation, sport & culture (2025=100)Italy HICP: Restaurants & accommodation (2025=100)

Other Italy indicators

Italy GDP (Gross Domestic Product)Italy Gross domestic product, Current prices, million EURItaly Core Inflation RateItaly Unemployment RateItaly 10-Year Government Bond YieldItaly Credit Rating & Sovereign Risk ScoreItaly Industrial ProductionItaly Retail SalesItaly Producer Price Inflation (PPI)Italy Current account balance (BPM6, vs rest of world), not seasonally adjustedItaly Current account balance, % of GDPItaly Trade Balance: Goods & ServicesItaly Exports of goods and services, Current prices, million EURItaly Exports of goods and services, chain-linked volumeItaly Exports of goods, total trade (World), seasonally adjustedItaly Imports of goods and services, Current prices, million EUR

FAQ

What is the current inflation Rate (CPI) in Italy?
The latest reading is 5.4% year on year for October 2026, published by Italian National Institute of Statistics (ISTAT).
Where does this data come from?
It is collected directly from Italian National Institute of Statistics (ISTAT) and is available through the Makrognosis API under the code IT.CPI.M.NSA.

Last updated 2026-11-12. Source: Italian National Institute of Statistics (ISTAT). Original title: “Italy CPI (Istat national NIC), overall index 2025=100 (167_745 from 2026-01; pre-2026 167_744 rescaled with official coefficiente di raccordo 1.226; flash/final on this key)”.