The ISTAT reported that consumer prices in Italy increased by 1.0% year-on-year in January 2026, according to preliminary estimates. The monthly inflation rate was +0.4%, with key drivers including a 2.5% rise in unprocessed food, 4.4% growth in housing services, and 3.3% increase in tobacco prices. Core inflation, excluding energy and fresh food, stood at +1.8%. Goods prices rose 0.2% annually, while services grew 2.5%, creating a 2.7 percentage point gap. Energy prices, particularly regulated ones, contributed significantly to the monthly increase, with regulated energy costs rising 8.7%. The harmonized consumer price index (IPCA) showed a +1.0% annual increase. Inflation for the month of January 2026 is slightly above the 0.9% recorded in October 2024.
© Istat.
Summary of content from Istat – https://www.istat.it.
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