According to preliminary estimates from Istat, in February 2021 the rate of change of the Italian consumer price index for the whole nation (NIC) was +0.1% on monthly basis and +0.6% on annual basis (from +0.4%).

The slight speed up of All items index was mainly due to the less amplitude of the decrease of prices of Non-regulated energy products (from -6.3% to -3.6%) and to the trend reversal of prices of Services related to transport (from -0.1% to +1.0%).

Core inflation (excluding energy and unprocessed food) and inflation excluding energy slightly sped up respectively to +1.0% and to +0.9% (both from +0.8% in the previous month).

The increase on monthly basis was mainly due to the prices of Non-regulated energy products (+1.4%), of Tobacco and of Services related to transport (+0.4% for both).

In February 2021 the rate of change of the Italian harmonized index of consumer prices (HICP) was -0.2% with respect to the previous month and +1.0% on annual basis (from +0.7% in January).