HICP - Food in Italy
Italy: HICP - Food was 2.4 in 2024. ◆ Volatile
Latest (2024)
2.4
Change on year
down 76.5%
World rank
20th
of 31 countries
All-time high
10.2
in 2023
All-time low
-0.2
in 1997
Years of data
29
1996–2024
HICP - Food in Italy, 1996–2024
Source: European Central Bank.
Analysis
Italy recorded 2.4 for hicp - food in 2024.
Compared with earlier readings it is down 76.5% on the previous year and up 2,500.0% over ten years.
Over the whole period, hicp - food in Italy peaked at 10.2 in 2023 and was at its lowest, -0.2, in 1997.
Italy ranks 20th of 31 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
HICP - Food in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 4 | — |
| 1997 | -0.2 | -105.0% |
| 1998 | 1 | -600.0% |
| 1999 | 1 | +0.0% |
| 2000 | 1.6 | +60.0% |
| 2001 | 4.2 | +162.5% |
| 2002 | 3.7 | -11.9% |
| 2003 | 3.2 | -13.5% |
| 2004 | 2.1 | -34.4% |
| 2005 | -0.2 | -109.5% |
| 2006 | 1.9 | -1050.0% |
| 2007 | 3 | +57.9% |
| 2008 | 5.6 | +86.7% |
| 2009 | 1.6 | -71.4% |
| 2010 | 0.2 | -87.5% |
| 2011 | 2.5 | +1150.0% |
| 2012 | 2.5 | +0.0% |
| 2013 | 2.2 | -12.0% |
| 2014 | -0.1 | -104.5% |
| 2015 | 1.2 | -1300.0% |
| 2016 | 0.2 | -83.3% |
| 2017 | 2.1 | +950.0% |
| 2018 | 1.2 | -42.9% |
| 2019 | 0.8 | -33.3% |
| 2020 | 1.7 | +112.5% |
| 2021 | 0.5 | -70.6% |
| 2022 | 9.4 | +1780.0% |
| 2023 | 10.2 | +8.5% |
| 2024 | 2.4 | -76.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.45 | -0.2 | 4 | 4 |
| 2000s | 2.67 | -0.2 | 5.6 | 10 |
| 2010s | 1.28 | -0.1 | 2.5 | 10 |
| 2020s | 4.84 | 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)
- Exports of goods and services (current LCU), annual growth rate 2.2 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 0.2852 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 12,352 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 1.24 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2557 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 11,073 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 8.66 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2183 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is hicp - food in Italy?
- Hicp - food in Italy was 2.4 in 2024, according to European Central Bank.
- What is the highest hicp - food recorded in Italy?
- The highest recorded value was 10.2 in 2023.
- What is the lowest hicp - food recorded in Italy?
- The lowest recorded value was -0.2 in 1997.
- How does Italy rank for hicp - food?
- Italy ranks 20th out of 31 countries with data for 2024.
- Is hicp - food rising or falling in Italy?
- Over the last ten years it is up 2,500.0%. 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 (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under ECB Terms and Conditions (attribution required).