Published by Global Banking & Finance Review®
Posted on February 21, 2025
1 min readLast updated: February 27, 2026
Add as preferred source on Google
Italy's EU-harmonised CPI rose 1.7% year-on-year in January, with a monthly decline of 0.8%, according to ISTAT.
(Reuters) - Italian EU-harmonised consumer prices (HICP) fell 0.8% month-on-month in January and were up 1.7% from the year earlier, official statistics agency ISTAT said on Friday, partially revising down preliminary data.
The preliminary estimate had pointed to -0.7% month-on-month and +1.7% year-on-year.
January's +1.7% annual rate was up from +1.4% in December.
The main domestic price index (NIC), rose 0.6% on the month and increased 1.5% annually, accelerating from 1.3% annual rise in December.
Core inflation (net of fresh food and energy) was running at +1.8% year-on-year on the HICP index in January, unchanged from the month before.
ISTAT gave the following details:
Jan Dec Nov
The EU-harmonised index (HICP):
Monthly change -0.8r +0.1 -0.1
Year-on-year inflation +1.7 +1.4 +1.5
Index (base 2015=100) 122.4r 123.4 123.3
The NIC index:
Monthly change +0.6 +0.1 -0.1
Year-on-year inflation +1.5 +1.3 +1.3
Index (base 2015=100) 121.9 121.2 121.1
(Reporting by Claudio Leonel Piacquadio, editing by Valentina Consiglio)
The article discusses Italy's EU-harmonised consumer price index (CPI) for January, which rose by 1.7% year-on-year.
The monthly CPI fell by 0.8% in January compared to December.
Core inflation, excluding fresh food and energy, remained steady at 1.8% year-on-year.
Explore more articles in the Finance category
