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Italy Inflation Rate MoM climbed to 1.2 in April 2026, up 0.7 from March's 0.5 reading. The print came in hotter than the 0.5 consensus, a hotter print than forecasters anticipated. The print is running well above the 12-month average of 0.23. Over the past 3 months, Inflation Rate MoM averaged 0.55, vs -0.06 in the prior 3-month window. Inflation Rate MoM is now the highest in 18 months.
The April 2026 reading rose from the previous value of 0.5. Historically, this indicator is negatively correlated with EUR/JPY (Bearish EUR) and negatively correlated with EUR/GBP (Bearish EUR).
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| Friday, May 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | Harmonised Inflation Rate YoY | 1.6 | 2.9 | 2.90 | Low | ||
| 08:00 | Inflation Rate YoY | 1.7 | 2.8 | 2.80 | Low | ||
| 08:00 | Inflation Rate MoM | 0.5 | 1.2 | 1.20 | Low | ||
| 08:00 | Harmonised Inflation Rate MoM | 1.7 | 1.7 | 1.70 | Low | ||