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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
ItalyItaly Producer Price Index YoY climbed to 6.8% in April 2026
FMPMonthlyReleased May 2026
Italy Producer Price Index YoY climbed to 6.8% in April 2026, released May 2026, up 2.6% from March's 4.2% reading. The reading missed the 9.1% consensus by 2.3%. Producer Price Index YoY has now risen for 3 consecutive months. Over the past 3 months, Producer Price Index YoY averaged -0.03%, vs -0.5% in the prior 3-month window. Producer Price Index YoY is now the highest in 14 months.
Latest Release
6.8
Actual
9.1
Consensus
4.2
Previous
Median Absolute Error
±0.82 percentage points
across last 12 releases
Last Call
May 2026
Predicted: 8.65
Actual: 6.8
Error: +1.85
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| FTSE 100 | ▼ Inverse | −0.55 | INDEX | Bearish FTSE 100 | → View |
| BTC/USD | ▼ Inverse | −0.46 | CRYPTO | Bearish BTC | → View |
| S&P 500 | ▲ Direct | +0.41 | INDEX | Bullish S&P 500 | → View |
| XAU/USD | ▲ Direct | +0.29 | COMMODITIES | Bullish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Producer Price Index YoY (Italy) was reported at 6.8% in May 2026. This missed the market consensus of 9.1% by 2.3%. The reading rose from the previous value of 4.2%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 0.74%, ranging from -2.7% to 6.8% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.83%, up from the prior three at -0.5%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with FTSE 100 (Bearish FTSE 100). A secondary relationship exists with BTC/USD, negatively correlated (Bearish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.82%.
WHAT TO WATCH NEXT
The next release is scheduled for June 30, 2026. Same-country events in the next 14 days include Business Confidence (Jun 26) and Consumer Confidence (Jun 26).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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Producer Price Index YoY - IT
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About Producer Price Index YoY — Italy
DEFINITION
Italy's Producer Price Index YoY rose to 6.800% in May, missing the 9.100% estimate but up from April's 4.200%. The increase signals accelerating producer inflation after a moderate rise the previous month. Market focus now shifts to upcoming inflation data and ECB policy decisions amid persistent price pressures. Updated 5/28/26
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 (Apr 2026): actual 6.8 %, consensus 9.1 %. Prior reading (Mar 2026): 4.2 %. Before that (Feb 2026): -2.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially 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 tailwind in the current projection. This indicator correlates most strongly with FTSE 100 (Bearish FTSE 100, r=-0.55) — a useful reference for index-focused traders.