Fashion pulse Italy - April 2026

Consumer prices

Italian headline CPI accelerated to +2.7 percent year-on-year in April 2026 per Italy's national statistics institute ISTAT (NIC index), up from +1.7 percent in March — a one-percentage-point single-month jump. The harmonised HICP rose to +2.8 percent in April from +1.6 percent in March per the same ISTAT release (Eurostat's own HICP dissemination for Italy lags by several months). Core inflation excluding energy and unprocessed food eased to +1.6 percent in April from +1.9 percent in March per ISTAT, leaving underlying national price pressure running well below the headline rate.