Consumer price inflation in Italy rose somewhat as initially estimated in December from a 13-month low in the previous month, the latest data from the statistical office showed on Friday.
Consumer price inflation inched higher to 1.2 percent in December from 1.1 percent in November. That was in line with the flash data published on January 7.
The annual price growth in transport-related services accelerated to 2.6 percent from 0.9 percent. Similarly, inflation based on unprocessed food rose to 2.3 percent from 1.1 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.