Italy's annual inflation rate up

Italy's annual inflation rate up

Business

Italy's annual inflation rate climbed to 2.0% in March, up from +1.6% in February, according to preliminary data released by Istat.

The national statistics agency said the rise was mainly due to increases in the prices of non-regulated energy products, which went from -1.9% to +1.3%, tobacco, unprocessed food, communication services, recreation services and durable goods, CE Report quotes ANSA.

Istat said its consumer price index was up 0.4% in month-on-month terms.

It said that its trolley index of the prices of food, household goods and home and personal care items was 2.1% higher than in March 2024.

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