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Inflation Rate Trends and Forecast for Italy from 1990 to 2029

Inflation Rate Trends and Forecast for Italy from 1990 to 2029

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TGM StatBox. (2024). Inflation Rate Trends and Forecast for Italy from 1990 to 2029. TGM StatBox.
Chart Details
Data Source: International Monetary Fund (IMF)
Timeframe: 1990-2029
Country: Italy
Published date: 2024
Note: The Inflation rate (average consumer prices), as defined by the International Monetary Fund (IMF), measures the annual percentage change in the average level of prices of goods and services consumed by households.
Key Takeaways
Italy experienced high inflation in the early 1990s, peaking at 6.4% in 1990 due to fiscal pressures and currency instability. With the adoption of the euro, inflation stabilized around 2%. The 2008 financial crisis and subsequent eurozone debt crisis brought inflation to near-zero levels by 2015.

Inflation rose to 8.7% in 2022 amid global energy price shocks. Forecasts show a return to stability at 2.0% by 2025, demonstrating Italy's recovery and adherence to European monetary policies.

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