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flag Italy's inflation rose to 1.6% in February 2026, exceeding forecasts and sparking ECB rate cut delay speculation.

flag Italy’s inflation rose to 1.6% in February 2026, the highest in five months and above the 1.1% forecast, up from 1.0% in January. flag Core inflation climbed to 2.4% from 1.7%, driven by higher services prices, while unprocessed food and transport services also contributed. flag Monthly prices rose 0.8%, exceeding expectations. flag The Eurozone’s broader inflation data also showed stronger-than-expected increases, raising concerns about persistent inflation and prompting speculation that the European Central Bank may delay or reverse rate cuts.

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