Italy’s Consumer Price Index Increases 0.5% in March 2026

The Italian National Institute of Statistics (ISTAT) released preliminary estimates for March 2026 showing the National Consumer Price Index (NIC), excluding tobacco, rose 0.5% month‑on‑month and 1.7% year‑on‑year. Inflation was mainly driven by a sharp rebound in regulated and unregulated energy prices, which moved from -11.6% and -6.2% to -1.3% and -2.4% respectively, and by an increase in unprocessed food prices from +3.7% to +4.4%. Services such as recreational, cultural, and personal care slowed, falling from +4.9% to +3.0%. The core inflation rate, excluding energy and fresh food, fell from 2.4% to 1.9%. The Harmonised Index of Consumer Prices (IPCA) rose 1.6% monthly and 1.5% annually.

© Istat.
Summary of content from Istat – https://www.istat.it.
Full text can be read at https://www.istat.it.

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