Producer Price Index of Italian industry sector 2020-2023
The Producer Price Index (PPI) measures the changes of prices for the industrial output of economic activities considering domestic and non-domestic markets. In Italy, the PPI constantly soared from January 2021 and peaked at the end of the year, reaching over 160 points after a stable pattern throughout 2020. In 2023, a gradual decrease started, but prices for producers remained decisively higher compared to 2020. The augmentation of prices on the Italian market of electricity and gas supplies were the main cause of the PPI's growth.