FX.co ★ Italy's Inflation Slows to 1.7% in May, Matching Expectations

According to preliminary data, Italy’s annual consumer price inflation decreased to 1.7% in May 2025, falling from 1.9% observed in both March and April. This figure aligned with market predictions and represented the lowest inflation rate recorded since February. It also marked the 20th consecutive month that inflation stayed below the European Central Bank’s target of 2.0%, underscoring ongoing disinflationary forces in Italy, the eurozone’s third-largest economy. Month-on-month, consumer prices remained unchanged in May, following a 0.1% rise in April and slightly underperforming the anticipated 0.1% increase.