HICP - All-items excluding tobacco in Italy

Italy: HICP - All-items excluding tobacco was 1 in 2024. ◆ Volatile

Latest (2024)
1
Change on year
down 83.3%
World rank
29th
of 31 countries
All-time high
8.9
in 2022
All-time low
-0.2
in 2020
Years of data
29
1996–2024

HICP - All-items excluding tobacco in Italy, 1996–2024

024681996201020241996: 4.11997: 1.81998: 1.81999: 1.72000: 2.62001: 2.32002: 2.62003: 2.72004: 2.12005: 22006: 2.12007: 22008: 3.52009: 0.72010: 1.62011: 2.92012: 3.32013: 1.22014: 0.22015: 02016: -0.12017: 1.32018: 1.22019: 0.62020: -0.22021: 22022: 8.92023: 62024: 1

Source: European Central Bank.

Analysis

Italy recorded 1 for hicp - all-items excluding tobacco in 2024.

Compared with earlier readings it is down 83.3% on the previous year and up 400.0% over ten years.

Over the whole period, hicp - all-items excluding tobacco in Italy peaked at 8.9 in 2022 and was at its lowest, -0.2, in 2020.

That places Italy 29th 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 tobacco in Italy, year by year

Annual values for HICP - All-items excluding tobacco (Annual average rate of change, Eurostat) in Italy, 1996 to 2024.
Year Value Change
1996 4.1
1997 1.8 -56.1%
1998 1.8 +0.0%
1999 1.7 -5.6%
2000 2.6 +52.9%
2001 2.3 -11.5%
2002 2.6 +13.0%
2003 2.7 +3.8%
2004 2.1 -22.2%
2005 2 -4.8%
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 3.3 +13.8%
2013 1.2 -63.6%
2014 0.2 -83.3%
2015 0 -100.0%
2016 -0.1
2017 1.3 -1400.0%
2018 1.2 -7.7%
2019 0.6 -50.0%
2020 -0.2 -133.3%
2021 2 -1100.0%
2022 8.9 +345.0%
2023 6 -32.6%
2024 1 -83.3%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.35 1.7 4.1 4
2000s 2.26 0.7 3.5 10
2010s 1.22 -0.1 3.3 10
2020s 3.54 -0.2 8.9 5

Countries ranked near Italy

  1. 26 Finland 1.7 compare
  2. 26 United Kingdom 1.7 compare
  3. 26 Luxembourg 1.7 compare
  4. 30 France 0.9 compare
  5. 31 Cyprus 0.8 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 tobacco in Italy?
Hicp - all-items excluding tobacco in Italy was 1 in 2024, according to European Central Bank.
What is the highest hicp - all-items excluding tobacco recorded in Italy?
The highest recorded value was 8.9 in 2022.
What is the lowest hicp - all-items excluding tobacco recorded in Italy?
The lowest recorded value was -0.2 in 2020.
How does Italy rank for hicp - all-items excluding tobacco?
Italy ranks 29th out of 31 countries with data for 2024.
Is hicp - all-items excluding 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 tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - All-items excluding tobacco in Italy. Statizoid, drawing on European Central Bank. Retrieved 12 September 2026, from https://economy.statizoid.com/stat/hicp-all-items-excluding-tobacco-annual-average-rate-of-change-eurostat/italy/

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About this data

Indicator
HICP - All-items excluding tobacco (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 892 data points, 1996–2025
Last refreshed