Consumer prices (provisional data) - October 2026

According to preliminary estimates, in October 2026 the Italian consumer price index for the whole nation (NIC) was +0.9% compared with the previous month and +5.4% on annual basis (from +4.2%).

The acceleration of inflation was mainly due to the dynamics of prices of Non-regulated energy products (from +22.5% to +29.4%) and of Regulated energy products (from +25.8% to +59.5%), of Unprocessed food (from +5.5% to +7.5%), of Services related to transport (from +1.6% to +3.1%) and of Processed food including alcohol (from -0.6% to -0.2%).

As for Goods, the year on year growth rate was +7.5% (up from +5.4%) and for Services the annual rate of change was +2.9% (up from +2.6% in the previous mounth).

The month-on-month increase in the overall index was mainly due to the prices of Regulated energy products (+18.8%), of Non-regulated energy products (+4.9%), of Unprocessed food (+1.8%), of Services related to transport (+1.2%) and of Processed food including alcohol (+0.5%); on the contrary, prices of Services related to recreation, including repair and personal care decreased (-0.9%).

In October 2026, according to preliminary estimates, the Italian harmonised index of consumer prices (HICP) recorded a month-on-month change of +1.2% and a year-on-year increase of +5.6% (from +4.2% in the previous month).