Italy Annual Inflation Rises to 2.9 Percent in April

Italian EU-harmonised consumer prices rose 2.9% annually in April due to higher energy costs. The reading exceeded analyst forecasts of a 2.5% annual increase.

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Italy's EU-harmonised inflation rose to 2.9% in April, exceeding the 2.5% median forecast. This reading marks the highest annual rate since October 2023, up from 1.6% in March. Rising energy costs are pressuring consumer prices even as core inflation slows to 1.6%.

Energy Costs Drive Headline Surge

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