Italy Inflation Rate Confirmed at -0.1%

The consumer prices in Italy fell 0.1 percent year-on-year in March of 2015, matching preliminary estimates and due to falling fuel prices.

Year-on-year, transport prices fell the most (-2.1 percent), followed by housing, water and utilities (-1.3 percent), communication (-0.9 percent) and recreation and culture (-0.8 percent). 

The highest upward pressures came from food and non-alcoholic beverages (1.1 percent), restaurants and hotels (0.8 percent) and health (0.4 percent). 

Core inflation (excluding energy and unprocessed food) was 0.4 percent (down from +0.6 percent in the previous month); excluding energy, the inflation was 0.6 percent (0.1 lower than in February 2015).

On a monthly basis, consumer prices rose at a slower 0.1 percent (0.4 percent in February). Prices of non-regulated energy products (+3.9 percent), mainly fuels drove the increase, partially offset by a 3.1 percent fall in cost of fresh vegetables. 

The harmonized index was flat year-on-year and rose 2.1 percent month-over-month. 

Italy Inflation Rate Confirmed at -0.1%

Istat | Joana Taborda |
4/14/2015 11:01:35 AM