The Italian statistical office Istat released its producer price inflation data for Italy on Monday. Italian producer prices decreased 0.7% in January, after a 0.6% decline in December. December's figure was revised up from a 0.7% drop.

Producer price declined by 0.8% on domestic market and by 0.4% on non-domestic market in January.

On a yearly basis, Italian PPI fell 2.5% in January, after a 3.2% drop in December. December's figure was revised up from a 3.3% fall.

Producer price slid 3.0% on domestic market and by 0.9% on non-domestic market in January.