Italy Producer Price Index

Italy · Monthly series · EC-IT-PPI

Latest, September 2026

147.8 pts

+3.6% from August 2026

Open interactive chartItaly Producer Price Index in the app

212.6149.386.1October 2016September 2027
History through September 2026, the forecast path to September 2027 (dashed) and its 80% interval (shaded).

Forecast

Forecast for September 2027: 148.7 pts, with an 80% interval of 106.8 pts to 208.1 pts.

Forecast path. Intervals are shown where available.
PeriodForecast80% low80% high
October 2026150.0 pts142.8 pts158.3 pts
November 2026151.0 pts144.8 pts158.6 pts
December 2026151.4 pts144.5 pts160.0 pts
January 2027151.5 pts131.2 pts177.7 pts
February 2027151.7 pts128.3 pts181.6 pts
March 2027151.5 pts125.6 pts184.9 pts
April 2027150.9 pts118.7 pts193.0 pts
May 2027150.5 pts123.7 pts186.4 pts
June 2027150.0 pts122.7 pts186.6 pts
July 2027149.6 pts106.6 pts209.3 pts
August 2027149.2 pts104.6 pts212.6 pts
September 2027148.7 pts106.8 pts208.1 pts

Model: Agentic Investor TSFM (foundation model). Forecast generated 2026-11-14.

AI confidence

Weak evidence

The serving forecast made larger errors than the no-change baseline in these tests.

Model: Agentic Investor TSFM (foundation model)

Accuracy vs naive
-10%Trails the no-change baseline over 12 tests (12 tests, 6 won)
Direction
60%No clear edge over a coin flip (86 of 143 calls right in 12 tests)
Turning points
8 of 41Anticipated some turns (41 turns in 12 tests, 0 without a turn)
Error vs baseline
10% higherError ratio 1.10; 1.00 is a tie.
Tests won
6 / 12Complete rolling backtests; ties count as no win.
Test period
2014-10-01 to 2026-09-0112 observations ahead per test.
80% band coverage
78%Observed outcomes inside the band across all stored test windows.
How this assessment is made

AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.

Replay past tests

Model comparison

Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.

Reading

It is above 96% of the 119 earlier readings since October 2016.

Written from the figures by a fixed template; no AI model is involved.

Recent history (24 observations)
The 24 most recent observations, newest first.
PeriodValue
September 2026147.8 pts
August 2026142.6 pts
July 2026138.3 pts
June 2026134.3 pts
May 2026134.3 pts
April 2026135.0 pts
March 2026134.8 pts
February 2026127.3 pts
January 2026128.3 pts
December 2025125.8 pts
November 2025127.0 pts
October 2025125.4 pts
September 2025125.9 pts
August 2025125.6 pts
July 2025126.5 pts
June 2025125.8 pts
May 2025123.1 pts
April 2025124.1 pts
March 2025127.9 pts
February 2025132.2 pts
January 2025131.0 pts
December 2024128.4 pts
November 2024127.4 pts
October 2024125.2 pts

Source

Data: public market data feeds.

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