HICP - Processed food including alcohol and excluding tobacco in Italy

Italy: HICP - Processed food including alcohol and excluding tobacco was 2.2 in 2024. ◆ Volatile

Latest (2024)
2.2
Change on year
down 79.8%
World rank
26th
of 36 countries
All-time high
10.9
in 2023
All-time low
0
in 2016
Years of data
28
1997–2024

HICP - Processed food including alcohol and excluding tobacco in Italy, 1997–2024

02.557.5101997201020241997: 0.71998: 0.61999: 0.72000: 1.42001: 2.32002: 2.32003: 2.42004: 2.22005: 0.62006: 1.92007: 2.52008: 6.52009: 1.42010: 0.42011: 2.62012: 2.82013: 1.72014: 0.82015: 0.32016: 02017: 0.52018: 1.32019: 0.32020: 0.72021: 0.22022: 8.52023: 10.92024: 2.2

Source: European Central Bank.

Analysis

The most recent figure for hicp - processed food including alcohol and excluding tobacco in Italy is 2.2, measured in 2024.

The figure is down 79.8% on the previous year and up 175.0% over ten years.

Over the whole period, hicp - processed food including alcohol and excluding tobacco in Italy peaked at 10.9 in 2023 and was at its lowest, 0, in 2016.

Italy ranks 26th of 36 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 including alcohol and excluding tobacco in Italy, year by year

Annual values for HICP - Processed food including alcohol and excluding tobacco (Annual average rate of change, Eurostat) in Italy, 1997 to 2024.
Year Value Change
1997 0.7
1998 0.6 -14.3%
1999 0.7 +16.7%
2000 1.4 +100.0%
2001 2.3 +64.3%
2002 2.3 +0.0%
2003 2.4 +4.3%
2004 2.2 -8.3%
2005 0.6 -72.7%
2006 1.9 +216.7%
2007 2.5 +31.6%
2008 6.5 +160.0%
2009 1.4 -78.5%
2010 0.4 -71.4%
2011 2.6 +550.0%
2012 2.8 +7.7%
2013 1.7 -39.3%
2014 0.8 -52.9%
2015 0.3 -62.5%
2016 0 -100.0%
2017 0.5
2018 1.3 +160.0%
2019 0.3 -76.9%
2020 0.7 +133.3%
2021 0.2 -71.4%
2022 8.5 +4150.0%
2023 10.9 +28.2%
2024 2.2 -79.8%

Italy compared with similar countries

  • Italy's 2.2 is below the median for Europe & Central Asia, which is 3.6, 61% of the median. (34 countries reporting)
  • Italy's 2.2 is below the median for high income countries, which is 3.5, 63% of the median. (30 countries reporting)

Biggest year-on-year movements

Years where HICP - Processed food including alcohol and excluding 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 +4150.0% 0.2 8.5

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.6667 0.6 0.7 3
2000s 2.35 0.6 6.5 10
2010s 1.07 0 2.8 10
2020s 4.5 0.2 10.9 5

Countries ranked near Italy

  1. 23 Germany 2.7 compare
  2. 23 Ireland 2.7 compare
  3. 25 Belgium 2.6 compare
  4. 26 Serbia 2.2 compare
  5. 28 Finland 2 compare
  6. 29 United Kingdom 1.5 compare

See the full ranking of 42 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is hicp - processed food including alcohol and excluding tobacco in Italy?
Hicp - processed food including alcohol and excluding tobacco in Italy was 2.2 in 2024, according to European Central Bank.
What is the highest hicp - processed food including alcohol and excluding tobacco recorded in Italy?
The highest recorded value was 10.9 in 2023.
What is the lowest hicp - processed food including alcohol and excluding tobacco recorded in Italy?
The lowest recorded value was 0 in 2016.
How does Italy rank for hicp - processed food including alcohol and excluding tobacco?
Italy ranks 26th out of 36 countries with data for 2024.
Is hicp - processed food including alcohol and excluding tobacco rising or falling in Italy?
Over the last ten years it is up 175.0%. 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 including alcohol and excluding tobacco (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - Processed food including alcohol and excluding tobacco in Italy. Statizoid, drawing on European Central Bank. Retrieved 13 September 2026, from https://economy.statizoid.com/stat/hicp-processed-food-including-alcohol-and-excluding-tobacco-annual-average-rate-of-change/italy/

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About this data

Indicator
HICP - Processed food including alcohol and excluding tobacco (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
42 places, 1,084 data points, 1997–2025
Last refreshed