Italy Inflation Rate

Year-on-year, main upward pressure came from cost of food and non-alcoholic beverages (3.8 percent compared to 2.3 percent in January); transport (4.9 percent compared to 3.2 percent); restaurants and hotels (1.1 percent, the same pace as in January) and miscellaneous goods and services (1.1 percent compared to 0.9 percent). In addition, prices of housing and utilities were flat (from -0.5 percent in January).

Annual core inflation rate, which excludes energy and unprocessed food rose to 0.6 percent from 0.5 percent the previous month. Excluding only energy, the inflation went up to 1.3 percent from 0.8 percent in January.

On a monthly basis, consumer prices rose 0.4 percent compared to a 0.3 percent increase in January.  

The harmonized index rose 0.2 percent on the month (from -1.7 percent in January) and 1.6 percent on the year (from 1 percent in January).