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Inflation Rate

Inflation rate measures the pricing levels in goods and services. The country’s Inflation measure is estimated on a monthly basis by the National Institute of Statistics (ISTAT). Inflation happens when prices rise, whereas purchasing value falls, put simpler, when too much money is chasing too few products.

 Italian Inflation Rate

Italian Consumer Price Index stagnated on a yearly basis for the month of June 2017 remaining unchanged from previous month’s value. Results were reported at 1.2%, the same as previous month’s values of 1.2% and met expectations of 1.2%. Inflation Rate in Italypeaked at an all-time high point of25.64% in November of 1974and hit rock-bottom at-0.60% in January of 2015.