Makrognosis

Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado)

MonthlyNot seasonally adjustedCode IT.IPCA.M.NSA

Latest (y/y)5.6%October 2026
Previous (y/y)4.2%September 2026
Level106.2October 2026

Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado) was up 5.6% year on year in October 2026, compared with 4.2% in September 2026.

The level stood at 106.2 (Index 2025=100).

That is the highest reading since September 2023.

Among the 17 economies Makrognosis covers on this measure, it is the 4th highest.

Over the past ten years it has ranged from −1.1% (Sep 2020) to 12.6% (Oct 2022), averaging 2.5%.

Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado), annual % change, Jan 1997 – Oct 2026−5%0%5%10%15%200020052010201520202025Robomacro
Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado), annual % change, Jan 1997 – Oct 2026. Source: Italian National Institute of Statistics (ISTAT).
Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado), level (Index 2025=100)406080100200020052010201520202025Robomacro
Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado), 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 2026106.25.6
September 2026104.94.2
August 2026102.73.2
July 2026102.62.9
June 2026103.63.0
May 2026103.63.2
April 2026103.32.8
March 2026101.71.6
February 2026100.01.5
January 202699.501.0
December 2025100.51.2
November 2025100.31.1
October 2025100.61.3
September 2025100.71.7
August 202599.501.6
July 202599.701.7
June 2025100.61.7
May 2025100.41.7
April 2025100.52.0
March 2025100.12.1
February 202598.501.7
January 202598.501.7
December 202499.301.3
November 202499.201.4

Last 24 observations. The full history (370 observations) is available through the API.

Get Italy National HICP (IPCA / Índice de Precios de Consumo Armonizado) 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.IPCA.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/IT.IPCA.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 1996
Observations370
FrequencyMonthly
UnitsIndex 2025=100
AdjustmentNot seasonally adjusted
10-year high12.6% (Oct 2022)
10-year low−1.1% (Sep 2020)
10-year average2.5%
Source agencyItalian National Institute of Statistics (ISTAT)
Makrognosis codeIT.IPCA.M.NSA

National HICP (IPCA / Índice de Precios de Consumo Armonizado): how Italy compares

#EconomyPeriodLatest
1RomaniaAug 20266.3%
2GreeceOct 20265.7%
3BulgariaSep 20265.6%
4ItalyOct 20265.6%
5CyprusSep 20265.2%
6SpainSep 20265.0%
7LuxembourgOct 20264.9%
8CroatiaSep 20264.3%
9PortugalOct 20263.9%
10SloveniaOct 20263.8%
11FranceOct 20263.8%
12EstoniaOct 20263.6%
13AustriaSep 20263.6%
14NetherlandsOct 20263.3%
15LatviaOct 20263.1%
16MaltaSep 20262.4%
17SwedenOct 20260.6%

National HICP (IPCA / Índice de Precios de Consumo Armonizado) by country: all 17 economies ranked →

Other Italy indicators

Italy GDP (Gross Domestic Product)Italy Gross domestic product, Current prices, million EURItaly Inflation Rate (CPI)Italy 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 adjusted

FAQ

What is the current national HICP (IPCA / Índice de Precios de Consumo Armonizado) in Italy?
The latest reading is 5.6% 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.IPCA.M.NSA.

Last updated 2026-11-10. Source: Italian National Institute of Statistics (ISTAT). Original title: “Italy HICP (Istat national IPCA), overall index 2025=100 (168_761/M.IT.87.4.00; Eurostat HICP remains on IT.CPI.M.NSA)”.