# Italy Real effective exchange rate

Italy Real effective exchange rate was 101.5 in July 2026, down 1.5% from June 2026 and down 1.4% from a year earlier.
That is the lowest reading since February 2025.
Over the past ten years it has ranged from 96.13 (Jul 2022) to 105.0 (Sep 2018), averaging 101.9.

- Source agency: Eurostat (Statistical Office of the European Union)
- Makrognosis code: `IT.REER.M.NSA`
- Frequency: monthly
- Units: Index, 2015=100
- Coverage: 1994-01-01 to 2026-07-01 (391 observations)
- Page: https://makrognosis.robomacro.com/data/italy/real-effective-exchange-rate

## Recent data

| Period | Value |
|---|---:|
| July 2026 | 101.5 |
| June 2026 | 103.0 |
| May 2026 | 103.2 |
| April 2026 | 103.4 |
| March 2026 | 102.2 |
| February 2026 | 101.9 |
| January 2026 | 102.1 |
| December 2025 | 103.4 |
| November 2025 | 103.0 |
| October 2025 | 103.2 |
| September 2025 | 104.0 |
| August 2025 | 102.5 |
| July 2025 | 103.0 |
| June 2025 | 103.6 |
| May 2025 | 102.9 |
| April 2025 | 103.2 |
| March 2025 | 101.7 |
| February 2025 | 99.06 |
| January 2025 | 99.67 |
| December 2024 | 101.1 |
| November 2024 | 101.6 |
| October 2024 | 102.1 |
| September 2024 | 102.5 |
| August 2024 | 101.2 |

## API

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

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