HICP - Goods in Italy

Italy: HICP - Goods was -0.3 in 2024. ◆ Volatile

Latest (2024)
-0.3
Change on year
down 104.6%
World rank
29th
of 31 countries
All-time high
12.1
in 2022
All-time low
-0.6
in 2016
Years of data
34
1991–2024

HICP - Goods in Italy, 1991–2024

05101991200720241991: 5.71992: 4.21993: 4.11994: 41995: 5.31996: 3.81997: 11998: 1.41999: 1.22000: 2.72001: 22002: 2.12003: 2.62004: 2.12005: 22006: 2.32007: 2.12008: 42009: 0.12010: 1.42011: 3.22012: 4.22013: 12014: -0.22015: -0.22016: -0.62017: 1.52018: 1.52019: 0.32020: -0.52021: 2.72022: 12.12023: 6.52024: -0.3

Source: European Central Bank.

Analysis

Italy recorded -0.3 for hicp - goods in 2024.

Compared with earlier readings it is down 104.6% on the previous year and down 50.0% over ten years.

Over the whole period, hicp - goods in Italy peaked at 12.1 in 2022 and was at its lowest, -0.6, in 2016.

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 - Goods in Italy, year by year

Annual values for HICP - Goods (Annual average rate of change, Eurostat) in Italy, 1991 to 2024.
Year Value Change
1991 5.7
1992 4.2 -26.3%
1993 4.1 -2.4%
1994 4 -2.4%
1995 5.3 +32.5%
1996 3.8 -28.3%
1997 1 -73.7%
1998 1.4 +40.0%
1999 1.2 -14.3%
2000 2.7 +125.0%
2001 2 -25.9%
2002 2.1 +5.0%
2003 2.6 +23.8%
2004 2.1 -19.2%
2005 2 -4.8%
2006 2.3 +15.0%
2007 2.1 -8.7%
2008 4 +90.5%
2009 0.1 -97.5%
2010 1.4 +1300.0%
2011 3.2 +128.6%
2012 4.2 +31.2%
2013 1 -76.2%
2014 -0.2 -120.0%
2015 -0.2 -0.0%
2016 -0.6 +200.0%
2017 1.5 -350.0%
2018 1.5 +0.0%
2019 0.3 -80.0%
2020 -0.5 -266.7%
2021 2.7 -640.0%
2022 12.1 +348.1%
2023 6.5 -46.3%
2024 -0.3 -104.6%

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.41 1 5.7 9
2000s 2.2 0.1 4 10
2010s 1.21 -0.6 4.2 10
2020s 4.1 -0.5 12.1 5

Countries ranked near Italy

  1. 27 Finland 0.7 compare
  2. 28 Austria 0.4 compare
  3. 29 France -0.3 compare
  4. 31 Cyprus -2 compare

See the full ranking of 33 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is hicp - goods in Italy?
Hicp - goods in Italy was -0.3 in 2024, according to European Central Bank.
What is the highest hicp - goods recorded in Italy?
The highest recorded value was 12.1 in 2022.
What is the lowest hicp - goods recorded in Italy?
The lowest recorded value was -0.6 in 2016.
How does Italy rank for hicp - goods?
Italy ranks 29th out of 31 countries with data for 2024.
Is hicp - goods rising or falling in Italy?
Over the last ten years it is down 50.0%. 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 - Goods (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - Goods in Italy. Statizoid, drawing on European Central Bank. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/hicp-goods-annual-average-rate-of-change-eurostat/italy/

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About this data

Indicator
HICP - Goods (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 977 data points, 1988–2025
Last refreshed