The impact of the COVID-19 pandemic is evident on prices of the transport sector in Italy, which rapidly decreased from April 2020. During 2021, the Consumer Price Index (CPI) steadily grew, reaching the peak in July 2022 when travel restrictions were permanently lifted. In the course of 2023, CPI adjusted between one and five percent, settling to pre-pandemic levels. Overall, transportation recorded a restrained inflation. The price volatility was mainly due to air transport, while other parameters did not significantly affect the CPI.
Monthly Consumer Price index (CPI) change in the transport sector in Italy from January 2020 to July 2024
(when compared to the same period of the previous year)
Characteristic
Consumer Price Index variation
Jan 2020
2.9%
Feb 2020
1.6%
Mar 2020
-0.3%
Apr 2020
-2.5%
May 2020
-4.1%
Jun 2020
-3.7%
Jul 2020
-3.3%
Aug 2020
-3.9%
Sept 2020
-3.3%
Oct 2020
-4%
Nov 2020
-3.7%
Dec 2020
-2.8%
Jan 2021
-1.8%
Feb 2021
0%
Mar 2021
2.6%
Apr 2021
2.9%
May 2021
4.8%
Jun 2021
4.5%
Jul 2021
5.2%
Aug 2021
5.3%
Sept 2021
7%
Oct 2021
8.7%
Nov 2021
10.5%
Dec 2021
9.6%
Jan 2022
7.8%
Feb 2022
9%
Mar 2022
11%
Apr 2022
9.7%
May 2022
10.8%
Jun 2022
13.7%
Jul 2022
13.9%
Aug 2022
10.3%
Sept 2022
9.5%
Oct 2022
8.1%
Nov 2022
6.9%
Dec 2022
6.2%
Jan 2023
7.4%
Feb 2023
6.6%
Mar 2023
2.6%
Apr 2023
5.1%
May 2023
3%
Jun 2023
0.2%
Jul 2023
-1%
Aug 2023
2.9%
Sept 2023
5.1%
Oct 2023
5.2%
Nov 2023
3.4%
Dec 2023
2.9%
Jan 2024
1.3%
Feb 2024
1.6%
Mar 2024
2.4%
Apr 2024
2%
May 2024
2.5%
Jun 2024
1.6%
Jul 2024
1.5%
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Istat. (July 31, 2024). Monthly Consumer Price index (CPI) change in the transport sector in Italy from January 2020 to July 2024 (when compared to the same period of the previous year) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1460681/italy-transport-inflation/
Istat. "Monthly Consumer Price index (CPI) change in the transport sector in Italy from January 2020 to July 2024 (when compared to the same period of the previous year)." Chart. July 31, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1460681/italy-transport-inflation/
Istat. (2024). Monthly Consumer Price index (CPI) change in the transport sector in Italy from January 2020 to July 2024 (when compared to the same period of the previous year). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1460681/italy-transport-inflation/
Istat. "Monthly Consumer Price Index (Cpi) Change in The Transport Sector in Italy from January 2020 to July 2024 (When Compared to The Same Period of The Previous Year)." Statista, Statista Inc., 31 Jul 2024, https://www.statista.com/statistics/1460681/italy-transport-inflation/
Istat, Monthly Consumer Price index (CPI) change in the transport sector in Italy from January 2020 to July 2024 (when compared to the same period of the previous year) Statista, https://www.statista.com/statistics/1460681/italy-transport-inflation/ (last visited December 22, 2024)
Monthly Consumer Price index (CPI) change in the transport sector in Italy from January 2020 to July 2024 (when compared to the same period of the previous year) [Graph], Istat, July 31, 2024. [Online]. Available: https://www.statista.com/statistics/1460681/italy-transport-inflation/