Italy’s producer prices accelerated to 13.8% year-on-year in September 2026, marking its highest level since December 2022, following a 10.9% rise in the previous month. Excluding the energy sector, however, producer inflation increased at a much slower pace to 3.5% from 3.3% in August. Inflation in the domestic market surged to 17.4% from 13.5%, while price growth accelerated sharply in electricity and gas supply (35.9% vs 26.3%). Within manufacturing, prices increased in coke and refined petroleum products (91.1%), chemicals (11.4%) and metallurgy and fabrication of fabricated metal products, excluding machinery and equipment (7.6%). In foreign markets, inflation edged up to 4.2% from 3.9%, reflecting increases in both the eurozone (4.
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