FX.co ★ Italian HICP Holds Steady at 3.2% Year-on-Year in August

Italy’s Harmonised Index of Consumer Prices (HICP) remained unchanged in August, with the year-on-year rate standing at 3.2%, the same level recorded in the previous reading. According to data updated on 16 September 2026, the August 2026 figure matches the prior indicator, which also showed a 3.2% annual increase.

The comparison is made on a year-over-year basis, measuring price changes in August 2026 against those in August of the previous year. The stability of the HICP suggests that, at least over this period, inflationary pressures in Italy have neither accelerated nor eased compared with the prior month’s annual rate, indicating a steady price environment under the harmonised measure used across the euro area.