Consumer price inflation in Italy increased in February to the highest level in five months, preliminary data from the statistical office showed on Tuesday.
Consumer price inflation accelerated to 1.6 percent in February from January's 1.0 percent, which was the slowest inflation rate in fifteen months. Moreover, a similar inflation rate was last seen in October 2025.
The annual price growth in unprocessed food products quickened to 3.6 percent from 2.5 percent. Similarly, prices of services related to transport grew at a faster pace of 3.0 percent after a 0.7 percent rise in January.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.