Italy’s Inflation Slips to 1.6%, Below ECB Target, as Manufacturing Weakens and Tourism Recovers

Italy CPI Inflation chart — Economic Pulse Net. Source: National Statistics Office. Key Takeaways Italy’s CPI inflation fell to 1.6% in June 2026, below the European Central Bank’s 2% target (ISTAT, June 2026). The ECB’s deposit rate stands at 3.25%, with the next decision on 24 July 2026 (European Central Bank). GDP grew just 0.3% … Read more