Italian Inflation Rate Hits 15-Month Low

EthereumCraftsman · 2026-02-04T11:29:47+00:00

Italy's inflation rate decreased to 1% in January 2026, the lowest since October 2024, with rising food prices and housing-related costs contributing. Core inflation remained steady at 1.8%, while monthly consumer prices rose to 0.4%.

EthereumCraftsman

2026-02-04 11:29:47

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Italy’s annual inflation rate edged down to 1% in January 2026 from 1.2% in the previous month, in line with market expectations, preliminary estimates showed. It marked the lowest reading since October 2024, following the adoption of the ECOICOP version 2 classification and a new 2025=100 reference base for consumer prices. Prices for food products rose at a faster pace, supported by both unprocessed (2.5%) and processed (2.2%) items. Costs also accelerated for housing-related services (4.4%), tobacco (3.3%), and recreational, cultural, and personal care services (3%). On a monthly basis, consumer prices increased marginally to 0.4%, from 0.2% in December, matching market expectations. The core inflation rate, which excludes energy and fresh food, held steady at 1.8%, while the measure excluding energy alone was 1.9%. The EU-harmonized inflation rate eased slightly to 1% in January 2026, from 1.2% in the previous month.

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