Inflation in Italy rises in February, preliminary data shows

Inflation in Italy in February 2025 rose 0,2% compared to January and 1,7% compared to the same period last year, according to preliminary data released this Friday (28) by the National Institute of Statistics (Istat).

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If confirmed, the result marks an acceleration in the National Consumer Price Index for the Community (NIC), which had shown an annualized increase of 1,5% last month.

 According to Istat, the indicator returned to the level of October 2023, in a result that reflects the dynamics of energy goods prices, which returned to record inflation in February: 0,6% compared to the same period last year, against deflation of 0,7% in January.

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Considering only regulated energy goods, such as electricity and gas tariffs, the indicator increased 31,5% year-on-year, against 27,5% last month.

The so-called “shopping cart”, a type of basic basket in Italy that includes food, cleaning and hygiene products, registered an increase of 2,2% compared to February 2024. In January, the annualized growth had been 1,7%. (HANDLE)