Monthly HICP for energy in Italy 2019-2023
The HICP for energy in Italy fell to 167.8 index points in May 2023. Over the past few years there has been notable fluctuation in energy prices in Italy. When the coronavirus pandemic reduced travel in Italy, fuel demand fell quickly, which resulted in a drop in the HICP for energy by mid-2020. Energy prices increased in late 2021 and early 2022 as a result of increased fuel demand and sanctions against Russian imports of fossil fuels. This has also been reflected in the overall