Italy: Inflation stable in June
Consumer prices increased 0.10% from the previous month in June, after flatlining in May. Looking at the details of the release, prices for transport increased in June. Meanwhile, prices for food and non-alcoholic beverages declined.
Inflation came in at 1.3% in June, matching May’s reading. Annual average inflation edged up to 0.3% in June (May: 0.1%). Lastly, harmonized inflation rose to 1.4% in June, from the previous month’s 1.2%.