Annual Inflation Rises in Italy

Italy's National Statistics Office (INE) reported a rise in annual inflation to 1.9% in March, up from 1.6% in February. This final figure was slightly lower than the preliminary estimates, indicating a nuanced economic landscape.

Monthly and Core Price Movements

The Consumer Price Index (CPI) saw a 0.3% increase month on month. Notably, core consumer prices, which exclude energy and unprocessed food, experienced a significant 1.7% year-over-year jump.

Harmonised Index Insights

March also witnessed the Italian harmonised index of consumer prices (HICP) climbing by 1.6% monthly and 2.1% annually, showcasing the broader inflationary trends affecting the country.