HICP - All-items excluding energy in Italy

Italy: HICP - All-items excluding energy was 2.3 in 2024. ◆ Volatile

Latest (2024)
2.3
Change on year
down 59.6%
World rank
26th
of 31 countries
All-time high
6
in 1991
All-time low
0.5
in 2014
Years of data
34
1991–2024

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

02461991200720241991: 61992: 5.31993: 4.51994: 4.21995: 5.41996: 4.31997: 1.81998: 2.11999: 1.72000: 1.92001: 2.42002: 32003: 2.82004: 2.32005: 1.72006: 1.72007: 2.12008: 2.92009: 1.72010: 1.42011: 2.22012: 2.32013: 1.42014: 0.52015: 0.92016: 0.52017: 12018: 0.82019: 0.62020: 0.72021: 0.82022: 4.52023: 5.72024: 2.3

Source: European Central Bank.

Analysis

Italy recorded 2.3 for hicp - all-items excluding energy in 2024.

Compared with earlier readings it is down 59.6% on the previous year and up 360.0% over ten years.

Over the whole period, hicp - all-items excluding energy in Italy peaked at 6 in 1991 and was at its lowest, 0.5, in 2014.

That places Italy 26th out of 31 countries with data for 2024, putting it 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 in Italy, year by year

Annual values for HICP - All-items excluding energy (Annual average rate of change, Eurostat) in Italy, 1991 to 2024.
Year Value Change
1991 6
1992 5.3 -11.7%
1993 4.5 -15.1%
1994 4.2 -6.7%
1995 5.4 +28.6%
1996 4.3 -20.4%
1997 1.8 -58.1%
1998 2.1 +16.7%
1999 1.7 -19.0%
2000 1.9 +11.8%
2001 2.4 +26.3%
2002 3 +25.0%
2003 2.8 -6.7%
2004 2.3 -17.9%
2005 1.7 -26.1%
2006 1.7 +0.0%
2007 2.1 +23.5%
2008 2.9 +38.1%
2009 1.7 -41.4%
2010 1.4 -17.6%
2011 2.2 +57.1%
2012 2.3 +4.5%
2013 1.4 -39.1%
2014 0.5 -64.3%
2015 0.9 +80.0%
2016 0.5 -44.4%
2017 1 +100.0%
2018 0.8 -20.0%
2019 0.6 -25.0%
2020 0.7 +16.7%
2021 0.8 +14.3%
2022 4.5 +462.5%
2023 5.7 +26.7%
2024 2.3 -59.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.92 1.7 6 9
2000s 2.25 1.7 3 10
2010s 1.16 0.5 2.3 10
2020s 2.8 0.7 5.7 5

Countries ranked near Italy

  1. 24 Finland 2.4 compare
  2. 24 Portugal 2.4 compare
  3. 26 Ireland 2.3 compare
  4. 28 Denmark 2.1 compare
  5. 29 United Kingdom 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 in Italy?
Hicp - all-items excluding energy in Italy was 2.3 in 2024, according to European Central Bank.
What is the highest hicp - all-items excluding energy recorded in Italy?
The highest recorded value was 6 in 1991.
What is the lowest hicp - all-items excluding energy recorded in Italy?
The lowest recorded value was 0.5 in 2014.
How does Italy rank for hicp - all-items excluding energy?
Italy ranks 26th out of 31 countries with data for 2024.
Is hicp - all-items excluding energy rising or falling in Italy?
Over the last ten years it is up 360.0%. 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 energy (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - All-items excluding energy in Italy. Statizoid, drawing on European Central Bank. Retrieved 09 September 2026, from https://economy.statizoid.com/stat/hicp-all-items-excluding-energy-annual-average-rate-of-change-eurostat/italy/

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About this data

Indicator
HICP - All-items excluding energy (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 972 data points, 1988–2025
Last refreshed