Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Producer Price Index MoM climbed to 0.0% in June 2026
FMPMonthlyReleased July 2026
Italy Producer Price Index MoM climbed to 0.0% in June 2026, released July 2026, up 0.2% from May's -0.2% reading. The print exceeded the -0.4% consensus by 0.4%. The print is running well below the 12-month average of 0.61%. Over the past 3 months, Producer Price Index MoM averaged 0.05%, vs 1.83% in the prior 3-month window. The reading is in the 50th percentile of the trailing 24-month range.
Latest Release
0
Actual
-0.4
Consensus
-0.2
Previous
Median Absolute Error
±0.97 percentage points
across last 12 releases
Last Call
Jul 2026
Predicted: -1.1
Actual: 0
Error: -1.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| Euro STOXX 50 | ▲ Direct | +0.51 | INDEX | Moves with | → View |
| DAX | ▲ Direct | +0.45 | INDEX | Moves with | → View |
| EUR/JPY | ▲ Direct | +0.43 | FOREX | Moves with | → View |
| S&P 500 | ▼ Inverse | −0.42 | INDEX | Moves against | → View |
| EUR/USD | ▲ Direct | +0.34 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index MoM (Italy) was reported at 0% in July 2026. This beat the market consensus of -0.4% by 0.4%. The reading rose from the previous value of -0.2%. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.24%, ranging from -0.7% to 1.5% across 12 releases.
WHY IT MATTERS
The trailing three releases averaged 0.03%, down from the prior three at 0.13%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with Euro STOXX 50 (Bullish Euro STOXX 50). A secondary relationship exists with DAX, positively correlated (Bullish DAX). Over the last 12 releases, the Sigmacast model's median absolute error is 0.98%.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include S&P Global Manufacturing PMI (Aug 3) and Retail Sales MoM (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
SHARE
Producer Price Index MoM - IT
Loading chart data...
About Producer Price Index MoM — Italy
DEFINITION
Italy's Producer Price Index MoM came in at 0.000000% for July, beating the -0.400000% estimate. This marks a rise from June's -0.200000%, indicating a stabilization after two months of decline. The flat reading suggests easing producer price pressures, which may influence market expectations and monetary policy discussions. Updated 7/30/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 0 %, consensus -0.4 %. Prior reading (Jun 2026): 0 %. Before that (Jun 2026): 0 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with Euro STOXX 50 (Bullish Euro STOXX 50, r=0.51) — a useful reference for index-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - IT Events
| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 08:00 | IT | Gross Domestic Product YoY | 1 | 0.8 | 0.7 | 0.85 | Low |
| 08:00 | IT | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.1 | 0.15 | High |
| 08:00 | IT | GDP Growth Rate YoY | 1 | 0.8 | 0.7 | 0.85 | High |
| 08:00 | IT | Gross Domestic Product QoQ | 0.2 | 0.3 | 0.1 | 0.15 | Low |
| 09:00 | IT | Unemployment Rate | 5.7 | 5.3 | 5.1 | 5.40 | Medium |
| 10:00 | IT | Producer Price Index YoY | 5.8 | 7.3 | 5.4 | 5.60 | Low |
| 10:00 | IT | Producer Price Index MoM | 0 | -0.2 | -0.4 | -0.20 | Low |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 08:00 | IT | Business Confidence | 89.6 | 88.6 | 88.9 | 89.25 | Medium |
| 08:00 | IT | Consumer Confidence | 94.2 | 92.4 | 92.5 | 93.35 | Medium |