Italy’s June consumer inflation slows to 3%: Istat

Italy’s consumer price index for the whole nation (NIC) was unchanged from the previous month in June 2026, while the annual rate eased to 3.0 per cent from 3.2 per cent in the previous month, confirming the flash estimate, according to official statistical agency Istituto Nazionale di Statistica (Istat).By contrast, faster price growth in energy products: regulated energy products rose 9.2 per cent year on year (YoY), after 5.6 per cent, while non-regulated energy products increased 13.3 per cent, after 12.5 per cent, Istat said in a press release.

Italy’s annual consumer inflation eased to 3.0 per cent in June 2026, with both the NIC and HICP unchanged MoM, confirming softer overall price growth.
Goods and services inflation moderated, but energy prices continued to rise sharply, signalling persistent input-cost pressures for retailers and textile supply chains.
Lower-spending households faced higher inflation.

For goods, the YoY growth rate was 3.3 per cent, down from 3.4 per cent, while services inflation was 2.6 per cent, down from 2.8 per cent. The inflationary gap between services and goods was -0.7 percentage points, compared with -0.6 percentage points.

Italy’s harmonised index of consumer prices (HICP) also showed no month-on-month (MoM)change in June and a 3 per cent annual rise, down from 3.2 per cent in the previous month; the flash estimate had been 3.1 per cent.

In the second quarter (Q2) of 2026, HICP-measured inflation was higher for households with lower spending capacity at 3.7 per cent and lower for those with higher equivalent expenditure at 2.6 per cent.

Fibre2Fashion News Desk