Consumer prices - August 2026

According to preliminary estimates, in August 2026 the Italian consumer price index for the whole nation (NIC) was +0.5% compared with the previous month and +3.3% on annual basis (from +2.9%).

The acceleration of inflation was mainly due to the dynamics of prices of Non-regulated energy products (from +11.4% to +16.9%) and of Regulated energy products (from +14.8% to +18.8%). By contrast, prices for Services related to recreation, including repair and personal care (from +3.0% to +2.6%) and of Services related to transport (from +1.6% to +0.9%) decelerated.

As for Goods, the year on year growth rate was +4.1% (up from +3.2%) and for Services the annual rate of change was +2.4% (down from +2.7% in the previous mounth).

The month-on-month increase in the overall index was mainly due to the prices of Regulated energy products (+3.2%), of Non-regulated energy products (+2.8%), of Services related to transport (+1.4%), of Processed food including alcohol (+0.4%) and of Durable goods (+0.3%).

In August 2026, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) recorded a month-on-month change of +0.1% (due to the summer sales not considered by NIC) and a year-on-year increase of +3.2% (from +2.9% in the previous month).