Inflation Rate In 2024 December. Inflation rate in italy decreased to 0.70 percent in september from 1.10 percent in august of 2024. The overall cost of living in december was up 3.4% from a year ago, a slightly larger increase than the 3.1% rate in november, according to data from the labor department.

Inflation rate in italy is expected to be 2.40 percent by the end of this quarter, according to trading economics global macro models and. Inflation as measured by the federal reserve’s preferred metric fell below a 3% annual rate in december, showing that price increases are steadily headed back to the central.