The overall industrial import price index rose a further 13.8% in August 2026 compared with August 2025, following a 2.4% decline in the corresponding comparison of the indices in 2025 and 2024.
According to ELSTAT, the increase in so-called “imported inflation” (driven by international price rises for oil and natural gas) was due to:
a. A 23.3% rise in the import price index for goods from countries outside the eurozone.
b. A 1.8% rise in the import price index for goods from eurozone countries.
Meanwhile, the overall index rose 1.7% in August 2026 compared with July 2026, following a 1.7% decline in the corresponding comparison of the indices in 2025.
*See ELSTAT’s release on the right under Supporting Material.