Italy’s producer price index (PPI) fell further into negative territory in February 2026, underscoring continued disinflationary pressure at the factory gate. On a year-over-year basis, the PPI declined by 2.7% in February, compared with a 1.6% annual drop recorded in January 2026.
The data, updated on 30 March 2026, show that the pace of producer price declines has accelerated when comparing each month to its level a year earlier. The January figure reflected the change versus January of the previous year, while the February reading captures the shift against February a year ago, indicating a deepening contraction in input and wholesale price levels across the Italian economy.
