Italy Sees Inflation Increase in March

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

Monthly and Core Inflation Insights

On a monthly basis, the Consumer Price Index (CPI) experienced a 0.3% increase. Meanwhile, core consumer prices, which exclude volatile items like energy and unprocessed food, saw a significant 1.7% year-over-year rise.

Harmonised Index of Consumer Prices Growth

The Italian harmonised index of consumer prices (HICP) also showed growth, with a 1.6% monthly increase and a 2.1% annual rise, highlighting the broader economic trends affecting the country.