Italy's core inflation based on the EU measure of consumer prices rose in March, final data released by the statistical office ISTAT showed Friday.
The core inflation, based on the harmonized index of consumer prices (HICP) and which excludes fresh food and energy prices, rose to 1.5 percent from 1.4 percent in February.
The HICP inflation, meanwhile, slowed to 1.8 percent from 2 percent. The figure is the lowest in at least two years. On a monthly basis, the HICP jumped 2.3 percent, which the agency attributed to the end of clothing and footwear winter sales.
The consumer price index, or CPI, rose 1.6 percent annually, after climbing 1.9 percent in February. The flash estimate for March was 1.7 percent.
The sixth consecutive Italian inflation slowdown was mainly due to the decrease of the annual growth rate of prices of transport, the ISTAT said.
Core inflation, based on the CPI, dropped to 1.4 percent from 1.5% in February. Month-on-month, the CPI rose 0.2 percent.
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