FX.co ★ Italy’s Inflation Holds Steady at 1.0% in January, Signalling Stable Price Pressures

Italy’s consumer price inflation remained unchanged in January, with the Consumer Price Index (CPI) holding at 1.0% year-over-year, according to data updated on 23 February 2026. The latest reading matches the previous annual rate of 1.0%, which was also recorded for January 2026 in year-over-year terms, indicating stable price dynamics over the comparison horizon.

The CPI figures are measured on a year-over-year basis, meaning the current 1.0% rate reflects the change in prices in January compared with the same month a year earlier. Likewise, the previous indicator represents the change in the prior month versus its level a year before. With both the previous and current readings aligned at 1.0%, the data suggest that inflationary pressures in Italy have neither accelerated nor decelerated at the start of the year, offering a consistent backdrop for households, businesses, and policymakers monitoring price stability.