Italy's consumer prices rose by 1.0% year-on-year in January

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Investing.com – Italy’s official statistical agency ISTAT announced on Monday that the country’s consumer prices in January increased by 1.0% year-over-year, below December’s 1.2%, confirming preliminary data.

The European Union Harmonized Consumer Price Index (HICP) decreased by 1.0% month-over-month in January.

Italy’s main domestic price index (NIC) rose by 0.4% month-over-month and 1.0% year-over-year in January, a slowdown from December’s 1.2% year-over-year increase.

Core inflation rate, excluding fresh food and energy, was 1.9% year-over-year in the January HICP index.

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