Italian inflation rises to 3.3% in August, driven by energy prices
According to preliminary estimates from Italy's national statistics institute Istat, the national consumer price index (NIC) rose by 0.5% month-on-month and 3.3% year-on-year in August 2026, up from 2.9% in July. The acceleration was mainly driven by energy prices, which increased from +11.6% to +17.0% annually, reflecting international tensions. Core inflation, excluding energy and fresh food, slowed slightly to 1.5%, while the harmonized index (HICP) rose by 3.2% annually. The 'shopping cart' prices remained stable at 1.0%, while high-frequency purchase goods increased to 4.3%.
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What we know
Italy's NIC inflation rose to 3.3% year-on-year in August 2026, from 2.9% in July.
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Core inflation (excluding energy and fresh food) slowed to 1.5% from 1.6%.
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Prices for high-frequency purchase goods rose to 4.3% from 3.4%.
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HICP inflation was 3.2% annually, up from 2.9%.
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Energy prices accelerated to +17.0% annually from +11.6%.
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Month-on-month, prices increased by 0.5%.
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Italy's preliminary inflation rate rose to 3.3% in August 2026, up from 2.9% in July, driven by a sharp increase in energy prices.
Preliminary · 1 sources
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