FX.co ★ Italian Annual Inflation Quickens to 1.6% in February, Marking Uptick from January

Italy’s consumer price growth accelerated in February 2026, with the year-over-year Consumer Price Index (CPI) rising to 1.6%, up from 1.0% in January 2026. The figures, based on a comparison of each month to the same month a year earlier, indicate a strengthening in inflationary pressures after a more subdued start to the year.

The January reading showed prices 1.0% higher than in January a year earlier, while February’s data point to a 1.6% increase versus February of the previous year. The latest numbers, updated on 3 March 2026, suggest that Italian inflation is moving further away from recent lows, a development likely to be closely watched by policymakers and financial markets assessing the trajectory of price growth in the eurozone’s third-largest economy.