Italy’s producer prices jumped 6.8% year-on-year in April 2026, marking the fastest increase since February 2023, largely due to surging energy costs linked to the Iran conflict. Domestic prices rose 8.8%, up sharply from 5.4% in March, while core producer inflation (excluding energy) quickened to 2.0% from 1.5%.
On foreign markets, producer prices increased 0.6% overall, with a 0.9% rise in the euro area and a 0.3% gain outside it. By sector, domestic prices recorded the steepest jump in coke and refined petroleum products (+79.1%), followed by chemicals and metallurgy (+5.6%).
Abroad, coke and refined petroleum products were the main driver of price growth outside the euro area (+32.2%). Other manufacturing and transport equipment also saw notable increases in both the euro area (+6.2%) and non-euro area markets (+11.6%). On a monthly basis, overall producer prices rose 0.3% in April, following a 4.4% spike in March.
