U.S. flag

An official website of the United States government

Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Inflation in Italy, 3.3 percent in 2012; in Switzerland, −0.8 percent

June 06, 2013

During 2012, the Harmonized Indexes of Consumer Prices (HICP), an internationally comparable measure of consumer price inflation, increased in 14 of 16 countries compared. Italy had the highest inflation (3.3 percent) followed by the United Kingdom (2.8 percent).

 
Annual percent change, Harmonized Indexes of Consumer Prices (HICP), selected countries, 2000–2012
YearUnited
States		FranceGermany Italy  Japan NetherlandsNorwaySwedenSwitzerlandUnited
Kingdom

2000

3.41.81.42.5-0.92.33.11.3–0.9

2001

2.31.81.82.4-0.95.12.72.7–1.2

2002

0.91.91.42.6-1.23.90.81.9–1.3

2003

2.32.21.02.8-0.32.21.92.3–1.4

2004

2.82.31.82.20.01.40.61.0–1.3

2005

3.91.91.92.2-0.41.51.50.8–2.0

2006

3.21.91.82.20.31.72.51.51.02.3

2007

2.61.62.32.10.11.60.71.70.82.3

2008

4.43.22.83.51.62.23.43.32.43.6

2009

-0.90.10.20.7-1.51.02.31.9-0.82.1

2010

2.51.71.11.7-0.80.92.41.90.73.3

2011

3.92.32.52.9-0.32.51.21.40.14.5

2012

2.22.22.23.30.02.80.40.9-0.82.8

Note: Dashes indicate data are unavailable.
 

 

In both Sweden and Norway, the annual percent increase in the HICP was less than 1.0 percent in 2012. Japan had no change in its HICP. Among the countries in the comparison, Switzerland was the only one in which the HICP declined in 2012 (−0.8 percent).

In the United States, the annual increase in the HICP was 2.2 percent in 2012.

These data are from the International Labor Comparisons (ILC) program. To learn more, please see International Indexes of Consumer Prices 18 countries and areas, 1999–2013 (PDF), May 2, 2013. Note that BLS has eliminated the ILC program to comply with the President's sequestration order.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Inflation in Italy, 3.3 percent in 2012; in Switzerland, −0.8 percent at https://www.bls.gov/opub/ted/2013/ted_20130606.htm (visited October 31, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics


triangle