The Italian statistical office Istat released its final consumer price inflation data for Italy on Thursday. Final consumer prices in Italy increased 0.2% in March, in line with preliminary reading, after a 0.2% decrease in February.

The monthly increase was driven by rises in prices of services related to transport. Prices for services related to transport rose 1.0% in March.

On a yearly basis, consumer prices declined 0.2% in March, in line with preliminary reading, after a 0.3% decline in February.

The declines was mainly driven by a faster decline of prices of non-regulated energy products. Prices of non-regulated energy products slid 11.2% year-on-year in March.

Final consumer price inflation excluding unprocessed food and energy prices rose to 0.6% year-on-year in March from 0.5% in February.