Monthly inflation in the transport sector in Italy 2020-2024
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.