HICP - All-items excluding energy and food in Italy

Italy: HICP - All-items excluding energy and food was 2.2 in 2024. ◆ Volatile

Latest (2024)
2.2
Change on year
down 51.1%
World rank
25th
of 31 countries
All-time high
5.8
in 1991
All-time low
0.5
in 2016
Years of data
34
1991–2024

HICP - All-items excluding energy and food in Italy, 1991–2024

02461991200720241991: 5.81992: 5.21993: 51994: 4.31995: 5.11996: 4.31997: 2.31998: 2.31999: 1.92000: 22001: 22002: 32003: 2.52004: 2.12005: 1.92006: 1.62007: 1.82008: 2.22009: 1.62010: 1.62011: 22012: 22013: 1.22014: 0.72015: 0.72016: 0.52017: 0.82018: 0.62019: 0.52020: 0.52021: 0.82022: 3.32023: 4.52024: 2.2

Source: European Central Bank.

Analysis

Italy recorded 2.2 for hicp - all-items excluding energy and food in 2024.

That represents a change of down 51.1% on the previous year and up 214.3% over ten years.

Over the whole period, hicp - all-items excluding energy and food in Italy peaked at 5.8 in 1991 and was at its lowest, 0.5, in 2016.

Italy ranks 25th 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 energy and food in Italy, year by year

Annual values for HICP - All-items excluding energy and food (Annual average rate of change, Eurostat) in Italy, 1991 to 2024.
Year Value Change
1991 5.8
1992 5.2 -10.3%
1993 5 -3.8%
1994 4.3 -14.0%
1995 5.1 +18.6%
1996 4.3 -15.7%
1997 2.3 -46.5%
1998 2.3 +0.0%
1999 1.9 -17.4%
2000 2 +5.3%
2001 2 +0.0%
2002 3 +50.0%
2003 2.5 -16.7%
2004 2.1 -16.0%
2005 1.9 -9.5%
2006 1.6 -15.8%
2007 1.8 +12.5%
2008 2.2 +22.2%
2009 1.6 -27.3%
2010 1.6 +0.0%
2011 2 +25.0%
2012 2 +0.0%
2013 1.2 -40.0%
2014 0.7 -41.7%
2015 0.7 +0.0%
2016 0.5 -28.6%
2017 0.8 +60.0%
2018 0.6 -25.0%
2019 0.5 -16.7%
2020 0.5 +0.0%
2021 0.8 +60.0%
2022 3.3 +312.5%
2023 4.5 +36.4%
2024 2.2 -51.1%

Italy compared with similar countries

  • Italy's 2.2 is below the median for Europe & Central Asia, which is 2.9, 76% of the median. (29 countries reporting)
  • Italy's 2.2 is below the median for high income countries, which is 2.7, 81% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where HICP - All-items excluding energy and food 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.

YearChange FromTo
2022 +312.5% 0.8 3.3

Averages by decade

DecadeAverage LowestHighest Years
1990s 4.02 1.9 5.8 9
2000s 2.07 1.6 3 10
2010s 1.06 0.5 2 10
2020s 2.26 0.5 4.5 5

Countries ranked near Italy

  1. 23 Portugal 2.3 compare
  2. 23 Slovenia 2.3 compare
  3. 26 Ireland 2 compare
  4. 27 Cyprus 1.9 compare
  5. 28 Luxembourg 1.8 compare

See the full ranking of 33 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is hicp - all-items excluding energy and food in Italy?
Hicp - all-items excluding energy and food in Italy was 2.2 in 2024, according to European Central Bank.
What is the highest hicp - all-items excluding energy and food recorded in Italy?
The highest recorded value was 5.8 in 1991.
What is the lowest hicp - all-items excluding energy and food recorded in Italy?
The lowest recorded value was 0.5 in 2016.
How does Italy rank for hicp - all-items excluding energy and food?
Italy ranks 25th out of 31 countries with data for 2024.
Is hicp - all-items excluding energy and food rising or falling in Italy?
Over the last ten years it is up 214.3%. 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 energy and food (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - All-items excluding energy and food in Italy. Statizoid, drawing on European Central Bank. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/hicp-all-items-excluding-energy-and-food-annual-average-rate-of-change-eurostat/italy/

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About this data

Indicator
HICP - All-items excluding energy and food (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 967 data points, 1988–2025
Last refreshed