The Italian statistical office Istat released its preliminary consumer price inflation data for Italy on Tuesday. Preliminary consumer prices in Italy were flat in December, after a 0.4% fall in November.

Prices for services related to recreation including repair and personal care rose 0.3% in December, while prices of durable goods increased 0.4%.

On a yearly basis, consumer prices climbed 0.1% in December, after a 0.1% increase in November.

The increase was mainly driven by higher prices for services related to recreation including repair and personal care. Prices for services related to recreation including repair and personal care rose 0.9% year-on-year in December, after a 0.6% gain in November.

Consumer price inflation excluding unprocessed food and energy prices fell to 0.6% year-on-year in December from 0.7% in November.