HICP - RESTAURANTS AND HOTELS in Italy

Italy: HICP - RESTAURANTS AND HOTELS was 4 in 2024. ◆ Volatile

Latest (2024)
4
Change on year
down 42.9%
World rank
21st
of 31 countries
All-time high
7
in 2023
All-time low
0.5
in 2020
Years of data
28
1997–2024

HICP - RESTAURANTS AND HOTELS in Italy, 1997–2024

024681997201020241997: 2.81998: 2.81999: 2.52000: 3.22001: 3.92002: 4.52003: 42004: 32005: 2.52006: 2.32007: 2.62008: 2.52009: 1.12010: 1.62011: 2.12012: 1.52013: 1.52014: 0.82015: 1.32016: 0.72017: 1.72018: 1.22019: 1.22020: 0.52021: 1.82022: 6.22023: 72024: 4

Source: European Central Bank.

Analysis

Italy recorded 4 for hicp - restaurants and hotels in 2024.

Compared with earlier readings it is down 42.9% on the previous year and up 400.0% over ten years.

Over the whole period, hicp - restaurants and hotels in Italy peaked at 7 in 2023 and was at its lowest, 0.5, in 2020.

That places Italy 21st out of 31 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

HICP - RESTAURANTS AND HOTELS in Italy, year by year

Annual values for HICP - RESTAURANTS AND HOTELS (Annual average rate of change, Eurostat) in Italy, 1997 to 2024.
Year Value Change
1997 2.8
1998 2.8 +0.0%
1999 2.5 -10.7%
2000 3.2 +28.0%
2001 3.9 +21.9%
2002 4.5 +15.4%
2003 4 -11.1%
2004 3 -25.0%
2005 2.5 -16.7%
2006 2.3 -8.0%
2007 2.6 +13.0%
2008 2.5 -3.8%
2009 1.1 -56.0%
2010 1.6 +45.5%
2011 2.1 +31.2%
2012 1.5 -28.6%
2013 1.5 +0.0%
2014 0.8 -46.7%
2015 1.3 +62.5%
2016 0.7 -46.2%
2017 1.7 +142.9%
2018 1.2 -29.4%
2019 1.2 +0.0%
2020 0.5 -58.3%
2021 1.8 +260.0%
2022 6.2 +244.4%
2023 7 +12.9%
2024 4 -42.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 2.7 2.5 2.8 3
2000s 2.96 1.1 4.5 10
2010s 1.36 0.7 2.1 10
2020s 3.9 0.5 7 5

Countries ranked near Italy

  1. 18 Portugal 4.6 compare
  2. 19 Belgium 4.4 compare
  3. 19 Spain 4.4 compare
  4. 22 Sweden 3.8 compare
  5. 23 Albania 3.2 compare
  6. 23 Malta 3.2 compare
  7. 23 Netherlands 3.2 compare

See the full ranking of 33 places →

More economy & growth data for Italy

All data for Italy →

Frequently asked questions

What is hicp - restaurants and hotels in Italy?
Hicp - restaurants and hotels in Italy was 4 in 2024, according to European Central Bank.
What is the highest hicp - restaurants and hotels recorded in Italy?
The highest recorded value was 7 in 2023.
What is the lowest hicp - restaurants and hotels recorded in Italy?
The lowest recorded value was 0.5 in 2020.
How does Italy rank for hicp - restaurants and hotels?
Italy ranks 21st out of 31 countries with data for 2024.
Is hicp - restaurants and hotels rising or falling in Italy?
Over the last ten years it is up 400.0%. 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 - RESTAURANTS AND HOTELS (Annual average rate of change, Eurostat). Statizoid updates them automatically from the source API.

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HICP - RESTAURANTS AND HOTELS in Italy. Statizoid, drawing on European Central Bank. Retrieved 11 September 2026, from https://economy.statizoid.com/stat/hicp-restaurants-and-hotels-annual-average-rate-of-change-eurostat/italy/

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About this data

Indicator
HICP - RESTAURANTS AND HOTELS (Annual average rate of change, Eurostat)
Source
European Central Bank
Licence
ECB Terms and Conditions (attribution required)
Coverage
33 places, 900 data points, 1993–2025
Last refreshed