trending Market Intelligence /marketintelligence/en/news-insights/trending/pchm0gk9hsgvr_hgcsqnea2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Italian harmonized inflation rises 2.5% in March

Banking Essentials Newsletter December Edition Part 2

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Italian harmonized inflation rises 2.5% in March

Italy's harmonized index of consumer prices rose by 2.5% in March from February primarily due to a 29.8% increase in clothing and footwear prices, according to preliminary estimates from the country's National Institute of Statistics.

Core harmonized inflation, which excludes energy and unprocessed food, increased by 2.9% from the prior month. Services inflation increased 0.5% and prices of non-energy industrial goods rose by 8.2%. Energy prices were down 0.4% from the previous month.

Harmonized consumer prices were up 1.1% in March from a year earlier, up from a year-over-year increase of 0.5% in February. Core harmonized inflation was up 0.9% from a year ago, compared to a 0.6% year-over-year increase in the previous month.

The consumer price index for the whole nation increased 0.4% in March from the prior month and was up 0.9% from a year ago. Istat said inflation recovered due to higher prices of food, alcohol, tobacco and services related to transport.

Producer prices in Italy rose 0.2% in February and 1.6% year over year.