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Italy’s producer prices rose for the first time in twenty months in February, data from the statistical office Istat showed on Tuesday.

The producer price index increased 0.7 percent year-on-year in February, after a 0.3 percent fall in January.

Prices rose for the first time since June 2019, when they grew 0.9 percent.

On a monthly basis, producer prices rose 0.5 percent in February, following a 1.4 percent increase in the preceding month.

In the domestic market, producer prices grew 0.5 percent month-on-month in February.

Producer prices in the foreign market increased 0.6 percent monthly in February.


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