HICP - FOOD AND NON-ALCOHOLIC BEVERAGES in Italy
Italy: HICP - FOOD AND NON-ALCOHOLIC BEVERAGES was 2.5 in 2024. ◆ Volatile
HICP - FOOD AND NON-ALCOHOLIC BEVERAGES in Italy, 1997–2024
Source: European Central Bank.
Analysis
Italy recorded 2.5 for hicp - food and non-alcoholic beverages in 2024.
That represents a change of down 75.5% on the previous year and up 2,600.0% over ten years.
Over the whole period, hicp - food and non-alcoholic beverages in Italy peaked at 10.2 in 2023 and was at its lowest, -0.2, in 1997.
That places Italy 23rd out of 31 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - FOOD AND NON-ALCOHOLIC BEVERAGES in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1997 | -0.2 | — |
| 1998 | 1 | -600.0% |
| 1999 | 0.8 | -20.0% |
| 2000 | 1.6 | +100.0% |
| 2001 | 4 | +150.0% |
| 2002 | 3.6 | -10.0% |
| 2003 | 3.1 | -13.9% |
| 2004 | 2 | -35.5% |
| 2005 | 0 | -100.0% |
| 2006 | 1.7 | — |
| 2007 | 2.9 | +70.6% |
| 2008 | 5.4 | +86.2% |
| 2009 | 1.6 | -70.4% |
| 2010 | 0.2 | -87.5% |
| 2011 | 2.6 | +1200.0% |
| 2012 | 2.6 | +0.0% |
| 2013 | 2.2 | -15.4% |
| 2014 | -0.1 | -104.5% |
| 2015 | 1.1 | -1200.0% |
| 2016 | 0.2 | -81.8% |
| 2017 | 2 | +900.0% |
| 2018 | 1.2 | -40.0% |
| 2019 | 0.7 | -41.7% |
| 2020 | 1.5 | +114.3% |
| 2021 | 0.5 | -66.7% |
| 2022 | 9.3 | +1760.0% |
| 2023 | 10.2 | +9.7% |
| 2024 | 2.5 | -75.5% |
Italy compared with similar countries
- Italy's 2.5 is below the median for Europe & Central Asia, which is 3.8, 66% of the median. (29 countries reporting)
- Italy's 2.5 is below the median for high income countries, which is 3.5, 71% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - FOOD AND NON-ALCOHOLIC BEVERAGES 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 |
|---|---|---|---|
| 2022 | +1760.0% | 0.5 | 9.3 |
| 2011 | +1200.0% | 0.2 | 2.6 |
| 2015 | +1200.0% | -0.1 | 1.1 |
| 2017 | +900.0% | 0.2 | 2 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5333 | -0.2 | 1 | 3 |
| 2000s | 2.59 | 0 | 5.4 | 10 |
| 2010s | 1.27 | -0.1 | 2.6 | 10 |
| 2020s | 4.8 | 0.5 | 10.2 | 5 |
Countries ranked near Italy
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 - food and non-alcoholic beverages in Italy?
- Hicp - food and non-alcoholic beverages in Italy was 2.5 in 2024, according to European Central Bank.
- What is the highest hicp - food and non-alcoholic beverages recorded in Italy?
- The highest recorded value was 10.2 in 2023.
- What is the lowest hicp - food and non-alcoholic beverages recorded in Italy?
- The lowest recorded value was -0.2 in 1997.
- How does Italy rank for hicp - food and non-alcoholic beverages?
- Italy ranks 23rd out of 31 countries with data for 2024.
- Is hicp - food and non-alcoholic beverages rising or falling in Italy?
- Over the last ten years it is up 2,600.0%. 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 - FOOD AND NON-ALCOHOLIC BEVERAGES (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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