Italy’s producer prices accelerated to 13.8% year-on-year in September 2026, marking its highest level since December 2022, following a 10.9% rise in the previous month. Excluding the energy sector, however, producer inflation increased to 3.5% from 3.3%. Inflation in the domestic market surged to 17.4% from 13.5%, while inflation accelerated sharply in electricity and gas supply (35.9% vs 26.3%). Within manufacturing, prices increased in coke and refined petroleum products (91.1%), chemicals (11.4%) and metallurgy and fabrication of fabricated metal products, excluding machinery and equipment (7.6%). In foreign markets, inflation edged up to 4.2% from 3.9%, reflecting increases in both the eurozone (4.1% vs 4%) and elsewhere (4.5% vs 3.8%). On a monthly basis, producer prices edged up 2.9% from 2.4% in the prior month, the highest reading since March.