HICP - Food incl. alcohol and tobacco in Italy
Italy: HICP - Food incl. alcohol and tobacco was 2.5 in 2024. ◆ Volatile
HICP - Food incl. alcohol and tobacco in Italy, 1991–2024
Source: European Central Bank.
Analysis
In 2024, hicp - food incl. alcohol and tobacco in Italy stood at 2.5.
Compared with earlier readings it is down 72.8% on the previous year and up 150.0% over five years.
Over the whole period, hicp - food incl. alcohol and tobacco in Italy peaked at 9.2 in 2023 and was at its lowest, 0, in 2014.
Italy ranks 27th 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 - Food incl. alcohol and tobacco in Italy, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 6.6 | — |
| 1992 | 5.4 | -18.2% |
| 1993 | 3.1 | -42.6% |
| 1994 | 3.8 | +22.6% |
| 1995 | 6.1 | +60.5% |
| 1996 | 4.3 | -29.5% |
| 1997 | 0.3 | -93.0% |
| 1998 | 1.5 | +400.0% |
| 1999 | 1 | -33.3% |
| 2000 | 1.5 | +50.0% |
| 2001 | 3.8 | +153.3% |
| 2002 | 3.3 | -13.2% |
| 2003 | 3.6 | +9.1% |
| 2004 | 2.9 | -19.4% |
| 2005 | 1 | -65.5% |
| 2006 | 2.2 | +120.0% |
| 2007 | 3 | +36.4% |
| 2008 | 5.2 | +73.3% |
| 2009 | 1.9 | -63.5% |
| 2010 | 0.6 | -68.4% |
| 2011 | 2.7 | +350.0% |
| 2012 | 3.1 | +14.8% |
| 2013 | 2 | -35.5% |
| 2014 | 0 | -100.0% |
| 2015 | 1.4 | — |
| 2016 | 0.4 | -71.4% |
| 2017 | 1.7 | +325.0% |
| 2018 | 1.5 | -11.8% |
| 2019 | 1 | -33.3% |
| 2020 | 1.6 | +60.0% |
| 2021 | 0.5 | -68.8% |
| 2022 | 8 | +1500.0% |
| 2023 | 9.2 | +15.0% |
| 2024 | 2.5 | -72.8% |
Italy compared with similar countries
- Italy's 2.5 is below the median for Europe & Central Asia, which is 4.1, 61% of the median. (29 countries reporting)
- Italy's 2.5 is below the median for high income countries, which is 4, 62% of the median. (27 countries reporting)
Biggest year-on-year movements
Years where HICP - Food incl. alcohol and tobacco 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 | +1500.0% | 0.5 | 8 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.57 | 0.3 | 6.6 | 9 |
| 2000s | 2.84 | 1 | 5.2 | 10 |
| 2010s | 1.44 | 0 | 3.1 | 10 |
| 2020s | 4.36 | 0.5 | 9.2 | 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 incl. alcohol and tobacco in Italy?
- Hicp - food incl. alcohol and tobacco in Italy was 2.5 in 2024, according to European Central Bank.
- What is the highest hicp - food incl. alcohol and tobacco recorded in Italy?
- The highest recorded value was 9.2 in 2023.
- What is the lowest hicp - food incl. alcohol and tobacco recorded in Italy?
- The lowest recorded value was 0 in 2014.
- How does Italy rank for hicp - food incl. alcohol and tobacco?
- Italy ranks 27th out of 31 countries with data for 2024.
- Where does this Italy data come from?
- The figures come from European Central Bank, published as part of HICP - Food incl. alcohol and tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.
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