Follow Italianism

Hello, what do you want to look for?

Italianism – News about ItalyItalianism – News about Italy

Daily

Inflation in Italy reaches highest value in 36 years

Inflation is driven by energy prices, which increased due to Russia's invasion of Ukraine

Inflation in Italy
Inflation in Italy reaches highest value in 36 years | bloomberglinea

Inflation in Italy reached its highest level in 36 years in May, according to preliminary data released on Tuesday (31) by the National Institute of Statistics (Istat).   

According to the agency, the National Consumer Price Index for the Community (NIC) accumulated an increase of 0,9% compared to April and 6,9% compared to May 2021, the highest annualized index since March 1986 (7 %).

The surge continues to be driven by energy prices, which showed growth of 42,2% in May in the annual comparison, against the 39,5% recorded in April.   

The cost of energy had already been rising since last year, but the movement accelerated from February onwards due to the Russia's invasion of Ukraine, the main supplier of natural gas to Italy.   

“High increases in the prices of energy goods continue to be the driver of inflation, and their consequences are increasingly spreading to other sectors of the market”, explained Istat. (Ansa).   

Advertise with us!
⚠️ ITALIAN CITIZEN
Your AIRE registration may be IRREGULAR.
Did you change your address, get married, get divorced, or have children and not update your consular registration?
You may have services BLOCKED ⚠️
UPDATE NOW
ADVERTISING
Italian citizenship
Italian citizenship
Find out who is eligible and how to start the process.
• Document search in Italy
• Consular services
• AIRE and registration update
• Support for passport issuance
Talk to expert

Also check out:

Italian politics

Meloni's government adjusts bonuses for lawyers to save the decree at the last minute.

Brazilians in Portugal

Lisbon takes the lead: Consulate is the first abroad to issue the new National Identity Card (CIN).

Business

Italy risks recession in 2026 due to the energy crisis and the war in Iran.

Lifestyle

The Happy City Index 2026 analyzed 250 cities around the globe. In Italy, Bologna and Parma are the highest ranked.