HICP - All-items excluding alcoholic beverages, tobacco in Italy
Italy: HICP - All-items excluding alcoholic beverages, tobacco was 1 in 2024. ◆ Volatile
HICP - All-items excluding alcoholic beverages, tobacco in Italy, 1991–2024
Source: European Central Bank.
Analysis
In 2024, hicp - all-items excluding alcoholic beverages, tobacco in Italy stood at 1.
The figure is down 83.3% on the previous year and up 400.0% over ten years.
Over the whole period, hicp - all-items excluding alcoholic beverages, tobacco in Italy peaked at 9 in 2022 and was at its lowest, -0.2, in 2020.
Italy ranks 29th of 31 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - All-items excluding alcoholic beverages, tobacco in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 6.2 | — |
| 1992 | 4.9 | -21.0% |
| 1993 | 4.3 | -12.2% |
| 1994 | 4.1 | -4.7% |
| 1995 | 5.4 | +31.7% |
| 1996 | 4 | -25.9% |
| 1997 | 1.7 | -57.5% |
| 1998 | 1.8 | +5.9% |
| 1999 | 1.6 | -11.1% |
| 2000 | 2.6 | +62.5% |
| 2001 | 2.3 | -11.5% |
| 2002 | 2.6 | +13.0% |
| 2003 | 2.7 | +3.8% |
| 2004 | 2.2 | -18.5% |
| 2005 | 2 | -9.1% |
| 2006 | 2.1 | +5.0% |
| 2007 | 2 | -4.8% |
| 2008 | 3.5 | +75.0% |
| 2009 | 0.7 | -80.0% |
| 2010 | 1.6 | +128.6% |
| 2011 | 2.9 | +81.2% |
| 2012 | 3.2 | +10.3% |
| 2013 | 1.2 | -62.5% |
| 2014 | 0.2 | -83.3% |
| 2015 | 0 | -100.0% |
| 2016 | -0.1 | — |
| 2017 | 1.4 | -1500.0% |
| 2018 | 1.2 | -14.3% |
| 2019 | 0.6 | -50.0% |
| 2020 | -0.2 | -133.3% |
| 2021 | 2 | -1100.0% |
| 2022 | 9 | +350.0% |
| 2023 | 6 | -33.3% |
| 2024 | 1 | -83.3% |
Italy compared with similar countries
- Italy's 1 is below the median for Europe & Central Asia, which is 2.7, 37% of the median. (29 countries reporting)
- Italy's 1 is below the median for high income countries, which is 2.6, 38% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - All-items excluding alcoholic beverages, tobacco in Italy changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +1500.0% | -0.1 | 1.4 |
| 2021 | +1100.0% | -0.2 | 2 |
| 2022 | +350.0% | 2 | 9 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.78 | 1.6 | 6.2 | 9 |
| 2000s | 2.27 | 0.7 | 3.5 | 10 |
| 2010s | 1.22 | -0.1 | 3.2 | 10 |
| 2020s | 3.56 | -0.2 | 9 | 5 |
Countries ranked near Italy
- 26 Luxembourg 1.8 compare
- 27 Finland 1.7 compare
- 27 United Kingdom 1.7 compare
- 30 Cyprus 0.9 compare
- 30 France 0.9 compare
More economy & growth data for Italy
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 0.8337 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 22.90 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 388.75 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 882.91 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -96.9 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0003 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 14.99 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 49.38 % change on previous year (2025)
Frequently asked questions
- What is hicp - all-items excluding alcoholic beverages, tobacco in Italy?
- Hicp - all-items excluding alcoholic beverages, tobacco in Italy was 1 in 2024, according to European Central Bank.
- What is the highest hicp - all-items excluding alcoholic beverages, tobacco recorded in Italy?
- The highest recorded value was 9 in 2022.
- What is the lowest hicp - all-items excluding alcoholic beverages, tobacco recorded in Italy?
- The lowest recorded value was -0.2 in 2020.
- How does Italy rank for hicp - all-items excluding alcoholic beverages, tobacco?
- Italy ranks 29th out of 31 countries with data for 2024.
- Is hicp - all-items excluding alcoholic beverages, tobacco rising or falling in Italy?
- Over the last ten years it is up 400.0%. The long-run trend across the full record is volatile.
- Where does this Italy data come from?
- The figures come from European Central Bank, published as part of HICP - All-items excluding alcoholic beverages, tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under ECB Terms and Conditions (attribution required).