Italy's Inflation Rises in March

According to the final report released by Italy's National Statistics Office (INE) on Wednesday, the annual inflation rate in Italy increased to 1.9% in March, up from 1.6% in February. This figure was slightly lower than the preliminary reading.

Monthly and Core Consumer Prices

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

Harmonised Index of Consumer Prices

The Italian harmonised index of consumer prices (HICP) showed a 1.6% monthly rise and a 2.1% annual growth in March.