Consumer prices in Italy jumped last month, but still fell short of economists' forecasts.

According to revised data published by ISTAT, on a harmonised basis consumer prices in the euro area's third-largest economy jumped by 2.3% month-on-month in March.

But that was less than a preliminary estimate of a 2.5% gain.

Higher prices versus February were widespread, with those for alcohol and tobacco up by 1.1%, alongside a 29.9% rise in the cost of clothes and shoes.

The cost of household goods and transport also increased, rising by 0.7% over the month.

In comparison to a year ago, consumer prices were ahead by 0.9%, versus forecasts calling for an increase of 1.1%.


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