The latest data released by Italy's National Institute of Statistics shows that the country's Consumer Price Index (CPI) remained unchanged in February 2024 compared to the previous month. The CPI for February 2024 stood at 0.8%, the same as in January 2024.
The comparison period for this indicator is year-over-year, meaning the current CPI of 0.8% is being compared to the CPI in February 2023. The stable CPI suggests that consumer prices have not experienced significant fluctuations over the past year in Italy.
The data was updated on March 1, 2024, indicating that Italian consumers have not seen a significant change in inflation rates so far this year. Economists will continue to monitor the CPI closely to assess the impact of consumer prices on the overall economy in Italy.
