Consumer price inflation in Italy increased further in March to the highest level in eight months, a preliminary estimate from the statistical office showed on Tuesday.
Consumer price inflation accelerated to 1.7 percent in March from January's 1.5 percent. Moreover, a similar inflation rate was last seen in July 2025. The expected inflation rate was 1.8 percent.
The rise in inflation was largely due to a slower decrease in regulated energy prices, which fell only 1.3 percent versus an 11.6 percent slump in February. Similarly, the deflation in unregulated energy costs softened to 2.4 percent from 6.2 percent. Inflation based on unprocessed food products accelerated to 4.4 percent from 3.7 percent.
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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.