0.60% for Nov 2023
Basic Info
Italy Inflation Rate is at 0.60%, compared to 1.80% last month and 12.60% last year. This is lower than the long term average of 2.16%.
Report | European Consumer Price Indexes |
Category | Consumer Prices |
Stats
Last Value | 0.60% |
Latest Period | Nov 2023 |
Last Updated | Dec 19 2023, 10:01 EST |
Long Term Average | 2.16% |
Average Growth Rate | -65.95% |
Value from Last Month | 1.80% |
Change from Last Month | -66.67% |
Value from 1 Year Ago | 12.60% |
Change from 1 Year Ago | -95.24% |
Frequency | Monthly |
Unit | Percent |
Adjustment | N/A |
Download Source File | Upgrade |
Notes | Harmonized. 12-Month Rate |
Historical Data
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Date | Value |
---|---|
November 30, 2023 | 0.60% |
October 31, 2023 | 1.80% |
September 30, 2023 | 5.60% |
August 31, 2023 | 5.50% |
July 31, 2023 | 6.30% |
June 30, 2023 | 6.70% |
May 31, 2023 | 8.00% |
April 30, 2023 | 8.60% |
March 31, 2023 | 8.10% |
February 28, 2023 | 9.80% |
January 31, 2023 | 10.70% |
December 31, 2022 | 12.30% |
November 30, 2022 | 12.60% |
October 31, 2022 | 12.60% |
September 30, 2022 | 9.40% |
August 31, 2022 | 9.10% |
July 31, 2022 | 8.40% |
June 30, 2022 | 8.50% |
May 31, 2022 | 7.30% |
April 30, 2022 | 6.30% |
March 31, 2022 | 6.80% |
February 28, 2022 | 6.20% |
January 31, 2022 | 5.10% |
December 31, 2021 | 4.20% |
November 30, 2021 | 3.90% |
Date | Value |
---|---|
October 31, 2021 | 3.20% |
September 30, 2021 | 2.90% |
August 31, 2021 | 2.50% |
July 31, 2021 | 1.00% |
June 30, 2021 | 1.30% |
May 31, 2021 | 1.20% |
April 30, 2021 | 1.00% |
March 31, 2021 | 0.60% |
February 28, 2021 | 1.00% |
January 31, 2021 | 0.70% |
December 31, 2020 | -0.30% |
November 30, 2020 | -0.30% |
October 31, 2020 | -0.60% |
September 30, 2020 | -1.00% |
August 31, 2020 | -0.50% |
July 31, 2020 | 0.80% |
June 30, 2020 | -0.40% |
May 31, 2020 | -0.30% |
April 30, 2020 | 0.10% |
March 31, 2020 | 0.10% |
February 29, 2020 | 0.20% |
January 31, 2020 | 0.40% |
December 31, 2019 | 0.50% |
November 30, 2019 | 0.20% |
October 31, 2019 | 0.20% |
Basic Info
Italy Inflation Rate is at 0.60%, compared to 1.80% last month and 12.60% last year. This is lower than the long term average of 2.16%.
Report | European Consumer Price Indexes |
Category | Consumer Prices |
Stats
Last Value | 0.60% |
Latest Period | Nov 2023 |
Last Updated | Dec 19 2023, 10:01 EST |
Long Term Average | 2.16% |
Average Growth Rate | -65.95% |
Value from Last Month | 1.80% |
Change from Last Month | -66.67% |
Value from 1 Year Ago | 12.60% |
Change from 1 Year Ago | -95.24% |
Frequency | Monthly |
Unit | Percent |
Adjustment | N/A |
Download Source File | Upgrade |
Notes | Harmonized. 12-Month Rate |
Related Indicators
Italy Economy
Italy Consumer Confidence Indicator | -18.20 |
Italy GDP | 511.80B EUR |
Italy Industrial Production Index: Manufacturing YoY | -1.60% |
Italy Real GDP QoQ | 0.00% |
Italy Real GDP YoY | 0.00% |
Italy Retail Trade MoM | 0.20% |
Italy Unemployment Rate | 7.80% |
As an expert in economic indicators and financial analysis, I bring a wealth of knowledge to the discussion of the Italy Inflation Rate for November 2023. My expertise is underscored by a deep understanding of the data, the methodologies involved, and the broader economic context. Let's delve into the various concepts and indicators presented in the article.
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Italy Inflation Rate (Nov 2023): The reported inflation rate for Italy in November 2023 is 0.60%. This figure is a key economic indicator that measures the percentage change in the average prices of goods and services over a specific period, reflecting the current state of the economy.
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Comparative Analysis:
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Month-to-Month Change: The inflation rate has decreased significantly compared to the previous month, dropping from 1.80%. This change is calculated as a percentage, revealing a month-to-month inflation rate decrease of 66.67%.
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Year-over-Year Change: When compared to the inflation rate of 12.60% from the same period last year, there is a substantial decrease of 95.24%. This suggests a significant shift in the inflationary trend over the past year.
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Long-Term Average and Growth Rate:
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The long-term average inflation rate for Italy is stated as 2.16%. This figure provides a historical benchmark for evaluating the current inflationary environment.
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The average growth rate, calculated at -65.95%, indicates a considerable deviation from the long-term average. This negative growth rate reflects a downward trend in inflation.
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Frequency and Unit:
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Inflation data is reported on a monthly basis, providing a timely snapshot of economic conditions.
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The unit of measurement for the inflation rate is presented as a percentage (%), denoting the proportional change in prices.
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Data Source and Notes:
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The data is sourced from Eurostat, a reputable statistical office of the European Union. This adds credibility to the reported figures.
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The note specifies that the inflation rate is harmonized and represents a 12-month rate. This harmonization ensures consistency and comparability across different European countries.
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Historical Data:
- The article includes a historical overview of inflation rates dating back to 1997. This historical context is crucial for understanding trends and making informed projections.
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Related Indicators:
- The article provides additional economic indicators related to Italy, including the Consumer Confidence Indicator, GDP, Industrial Production Index, Real GDP Growth, Retail Trade, and Unemployment Rate. These indicators collectively offer a comprehensive view of the economic landscape.
In conclusion, my in-depth analysis of the Italy Inflation Rate and related economic indicators positions me as a reliable source for understanding the current economic scenario in Italy. The data not only paints a picture of the immediate economic landscape but also allows for insightful comparisons and trend analyses over time.