India, March 31 -- Italy's consumer price inflation increased further in March to the highest level in one-and-a-half years, preliminary data from the statistical office showed on Monday.
Consumer price inflation accelerated to 2.0 percent in March from a 1.6 percent increase in February. Meanwhile, economists had expected a stable increase of 1.6 percent.
Further, this was the highest inflation rate since September 2023, when prices had risen 5.3 percent.
The upward trend in inflation was mainly due to a 1.3 percent rebound in costs for non-regulated energy products compared to a 1.9 percent fall in February.
The price growth in unprocessed food products quickened to 3.3 percent from 2.9 percent. Meanwhile, inflation based on regulated...