Italy’s consumer prices rose unexpectedly in February, preliminary data from the statistical office Istat showed on Monday.
The consumer price index rose 0.6 percent year-on-year in February, following a 0.4 percent increase in January. Economists had expected a 0.1 percent fall.
The core inflation excluding prices of energy and unprocessed food rose to 1.0 percent in February from 0.8 percent in the preceding month.
On a month-on-month basis, consumer prices rose 0.1 percent in February.
The EU measure of harmonized index of consumer prices, or HICP, rose 1.0 percent annually in February, following a 0.7 percent increase in the prior month. Economists had forecast a rise of 0.6 percent.
On a monthly basis, HICP fell 0.2 percent in January. Economists had expected a 0.5 percent fall.
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