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June 30, 2023
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Italy unemployment rate 7.64% (consensus 7.9) in May-23



- Italy's unemployment rate in May 2023 stood at 7.64%, slightly below market expectations and the lowest level since April 2020.
- Compared to the one-year average, the current unemployment rate is 0.27 percentage points lower, indicating a small improvement in the labor market. Furthermore, it is 1.82 percentage points under the long-run average, suggesting significant progress in recovering from previous challenges.
June 28, 2023
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Italy HICP inflation 6.75% y-o-y in Jun-23



- Italy's HICP inflation was 6.75% year-on-year in Jun-23, indicating a decrease from the previous month and the lowest growth since April 2022.
- The current inflation rate is significantly below the one-year average but remains elevated when compared to the long-run average.
June 28, 2023
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Italy HICP inflation 6.75% y-o-y in Jul-23



- Italy's HICP inflation rate dropped to 6.75% year-on-year in July 2023, marking the lowest growth since April 2022.
- The current inflation rate is 2.94 percentage points below the one-year average and 4.12 percentage points above the long-run average.
June 01, 2023
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Italy unemployment rate 7.84% (consensus 7.9) in Apr-23



- Italy's unemployment rate in April 2023 stood at 7.84%, slightly lower than the consensus estimate of 7.9%, marking the lowest level since April 2020.
- The current unemployment rate is 0.13 percentage points below the average of the past year and 1.63 percentage points below the long-run average. This signifies a positive trend and a favorable labor market situation in Italy.

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