Italy's producer prices declined for the third straight month in January amid cheaper energy costs, the statistical office ISTAT showed on Tuesday.
The producer price index dropped 1.6 percent year-on-year in January, following a 1.4 percent fall in December.
Further, this was the quickest fall since October 2024, when prices decreased 2.8 percent.
Among main industrial groupings, energy prices plunged 7.0 percent, while costs for capital goods rose 1.0 percent. Prices for both consumer and intermediate goods increased 1.2 percent and 0.7 percent, respectively.
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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.