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Your inflation
8 Oct

Wages and prices › Italy

Italy: a wage buys 5.2% less than in 2019

Prices are 24.8% higher than in August 2019. Hourly wages rose 17.1% between the second quarter of 2019 and the second quarter of 2026, while prices rose 23.6% over the same quarters. Wages have not caught up.

Updated 6 October 2026 with prices for August 2026 and wages for the second quarter of 2026. Sources: Eurostat, HICP (prc_hicp_minr), Eurostat, labour cost index (lc_lci_r2_q).

90100110120130Prices 123.6Wages 117.120192020202120222023202420252026
WagesPricesWages aheadWages behindSecond quarter of 2019 = 100

How much have prices risen since 2019?

Prices in Italy are 24.8% higher than in August 2019. What cost €100 then costs €124.79 now.

Price rise since August 2019, by what people buy. The red mark is all items, +24.8%.

  1. Housing and energy+50.8%
  2. Food and soft drinks+32.1%
  3. Restaurants and hotels+29.8%
  4. Insurance and finance+22.0%
  5. Transport+21.5%
  6. Leisure and culture+19.4%
  7. Personal care and other+17.4%
  8. Furniture and household goods+15.2%
  9. Alcohol and tobacco+14.5%
  10. Clothing and shoes+13.5%
  11. Health+11.0%
  12. Education+4.3%
  13. Phone and internet−17.4%

Have wages kept up?

Hourly wages rose 17.1% between the second quarter of 2019 and the second quarter of 2026. Prices rose 23.6% over the same quarters, so a wage buys 5.2% less than in 2019.

The hourly measure rose in 2020 because people worked fewer hours, not because pay rose.

How does Italy compare with its neighbours?

PricesWagesReal wage
  1. European UnionPrices +30.0%, wages +30.0%, a wage buys +0.1%
  2. ItalyPrices +23.6%, wages +17.1%, a wage buys −5.2%
  3. FrancePrices +21.4%, wages +19.4%, a wage buys −1.7%
  4. AustriaPrices +33.8%, wages +39.1%, a wage buys +4.0%
  5. GreecePrices +24.6%, wages +40.3%, a wage buys +12.7%
  6. SloveniaPrices +28.7%, wages +55.6%, a wage buys +20.9%

All countries

Work out your own inflation

Your prices depend on what you buy. Put in what you spend each month and see your own rate beside the official one: your inflation in Italy.

Sources and method

Prices: Eurostat, HICP (prc_hicp_minr), August 2026 against August 2019. Wages: Eurostat, labour cost index (lc_lci_r2_q), wages and salaries per hour worked, seasonally adjusted, the second quarter of 2026 against the second quarter of 2019. For the comparison, prices are the average of the same months. The figures are as published on 6 October 2026.