2026.10.3010:00:00UTC+00Italy’s Harmonised Inflation Accelerates to 5.6% in October, Up from 4.2% in September

Italy’s Harmonised Index of Consumer Prices (HICP) rose sharply in October 2026, with the annual rate advancing to 5.6%, up from 4.2% in September 2026. The latest data, updated on 30 October 2026, signal a clear acceleration in price pressures when measured on a year-over-year basis.

Both the current and previous readings are calculated as annual changes, comparing each month’s price levels to the same month a year earlier. While September’s 4.2% figure suggested some moderation in harmonised inflation, October’s jump to 5.6% indicates renewed upward momentum, potentially complicating the broader disinflation narrative in the euro area.

The Italian HICP is compiled using the EU-harmonised methodology, allowing direct comparison with other eurozone members and providing a key reference point for policymakers and financial markets tracking inflation dynamics across the currency bloc.