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.