HICP - Processed food excluding alcohol and tobacco in Italy

Italy: HICP - Processed food excluding alcohol and tobacco was 2.4 in 2024. ◆ Volatile

Latest (2024)
2.4
Change on year
down 78.9%
World rank
23rd
of 31 countries
All-time high
11.4
in 2023
All-time low
-0.1
in 2016
Years of data
34
1991–2024

HICP - Processed food excluding alcohol and tobacco in Italy, 1991–2024

02.557.51012.51991200720241991: 5.51992: 4.81993: 4.51994: 4.11995: 7.21996: 4.51997: 0.41998: 0.31999: 0.62000: 1.32001: 2.32002: 2.32003: 2.32004: 2.12005: 0.52006: 22007: 2.62008: 6.82009: 1.42010: 0.32011: 2.72012: 2.72013: 1.62014: 0.62015: 0.22016: -0.12017: 0.62018: 1.12019: 0.32020: 0.82021: 0.42022: 9.12023: 11.42024: 2.4

Source: European Central Bank.

Analysis

Italy recorded 2.4 for hicp - processed food excluding alcohol and tobacco in 2024.

That represents a change of down 78.9% on the previous year and up 300.0% over ten years.

Over the whole period, hicp - processed food excluding alcohol and tobacco in Italy peaked at 11.4 in 2023 and was at its lowest, -0.1, in 2016.

Italy ranks 23rd 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 - Processed food excluding alcohol and tobacco in Italy, year by year

Annual values for HICP - Processed food excluding alcohol and tobacco (Annual average rate of change, Eurostat) in Italy, 1991 to 2024.
Year Value Change
1991 5.5
1992 4.8 -12.7%
1993 4.5 -6.2%
1994 4.1 -8.9%
1995 7.2 +75.6%
1996 4.5 -37.5%
1997 0.4 -91.1%
1998 0.3 -25.0%
1999 0.6 +100.0%
2000 1.3 +116.7%
2001 2.3 +76.9%
2002 2.3 +0.0%
2003 2.3 +0.0%
2004 2.1 -8.7%
2005 0.5 -76.2%
2006 2 +300.0%
2007 2.6 +30.0%
2008 6.8 +161.5%
2009 1.4 -79.4%
2010 0.3 -78.6%
2011 2.7 +800.0%
2012 2.7 +0.0%
2013 1.6 -40.7%
2014 0.6 -62.5%
2015 0.2 -66.7%
2016 -0.1 -150.0%
2017 0.6 -700.0%
2018 1.1 +83.3%
2019 0.3 -72.7%
2020 0.8 +166.7%
2021 0.4 -50.0%
2022 9.1 +2175.0%
2023 11.4 +25.3%
2024 2.4 -78.9%

Italy compared with similar countries

  • Italy's 2.4 is below the median for Europe & Central Asia, which is 3.5, 69% of the median. (29 countries reporting)
  • Italy's 2.4 is below the median for high income countries, which is 3.5, 69% of the median. (27 countries reporting)

Biggest year-on-year movements

Years where HICP - Processed food excluding 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.

YearChange FromTo
2022 +2175.0% 0.4 9.1
2011 +800.0% 0.3 2.7
2017 +700.0% -0.1 0.6

Averages by decade

DecadeAverage LowestHighest Years
1990s 3.54 0.3 7.2 9
2000s 2.36 0.5 6.8 10
2010s 1 -0.1 2.7 10
2020s 4.82 0.4 11.4 5

Countries ranked near Italy

  1. 20 Slovakia 3.2 compare
  2. 21 Belgium 2.9 compare
  3. 22 Germany 2.7 compare
  4. 24 Finland 2.1 compare
  5. 25 Luxembourg 1.8 compare
  6. 26 United Kingdom 1.7 compare

See the full ranking of 33 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is hicp - processed food excluding alcohol and tobacco in Italy?
Hicp - processed food excluding alcohol and tobacco in Italy was 2.4 in 2024, according to European Central Bank.
What is the highest hicp - processed food excluding alcohol and tobacco recorded in Italy?
The highest recorded value was 11.4 in 2023.
What is the lowest hicp - processed food excluding alcohol and tobacco recorded in Italy?
The lowest recorded value was -0.1 in 2016.
How does Italy rank for hicp - processed food excluding alcohol and tobacco?
Italy ranks 23rd out of 31 countries with data for 2024.
Is hicp - processed food excluding alcohol and tobacco rising or falling in Italy?
Over the last ten years it is up 300.0%. 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 - Processed food excluding alcohol and tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - Processed food excluding alcohol and tobacco in Italy. Statizoid, drawing on European Central Bank. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/hicp-processed-food-excluding-alcohol-and-tobacco-annual-average-rate-of-change-eurostat/italy/

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About this data

Indicator
HICP - Processed food excluding alcohol and tobacco (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 950 data points, 1988–2025
Last refreshed