FX.co ★ Italy’s Consumer Prices Accelerate in February as MoM CPI Doubles to 0.8%

Italy’s inflation momentum picked up in February 2026, with the country’s Consumer Price Index (CPI) rising 0.8% month-over-month, double the 0.4% increase recorded in January. The latest data, updated on 3 March 2026, signals a visible acceleration in short-term price pressures.

The February reading compares changes in prices from January to February, while the previous 0.4% figure reflected the move from December 2025 to January 2026. The back-to-back monthly gains, and particularly the stronger February uptick, suggest that inflationary forces in Italy are firming after a more moderate start to the year.

Market participants and policymakers will now be watching closely to see whether this sharper monthly increase proves temporary or marks the beginning of a more persistent inflation trend that could influence expectations for monetary and fiscal planning in the months ahead.