Inflation Rate and Consumer Price Index
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Italian inflation rate

Italy inflation summary for August 2023

Updated: September 15, 2023
Next update: October 16, 2023

Current Italy inflation rate

August 2023
5.5%
The Consumer Price Index for Italy is 120.1 for the month of August 2023. The inflation rate year over year is 5.5% (compared to 6.3% for the previous month). Inflation from July 2023 to August 2023 was 0.2%.

Previous Italy Inflation Rate

July 2023 to August 2023
0.2%

Month-to-Month Italy Inflation Rate

July 2023
6.3%

Recent inflation rates for Italy

YearjanfebmaraprmayjunjulaugsepoctnovdecAnnual
202310.7%9.8%8.1%8.7%8.0%6.7%6.3%5.5%
20225.1%6.2%6.8%6.3%7.3%8.5%8.4%9.1%9.4%12.6%12.6%12.3%8.7%
20210.7%1.0%0.6%1.0%1.2%1.3%1.0%2.5%2.9%3.2%3.9%4.2%1.9%
20200.4%0.2%0.1%0.1%-0.3%-0.4%0.8%-0.5%-1.0%-0.6%-0.3%-0.3%-0.1%
20190.9%1.1%1.1%1.1%0.9%0.8%0.3%0.5%0.2%0.2%0.2%0.5%0.6%
All inflation rates are calculated using the Italy Consumer Price Index (CPI) series.