Financial News: Italy Inflation Confirmed At 32-month High

Italy Inflation Confirmed At 32-month High

06/16/2026 - 04:52:00 (RTTNews)

(RTTNews) - Consumer price inflation in Italy accelerated further in May to the highest level in more than two-and-a-half years, as estimated initially, the latest data from the statistical office showed on Tuesday.

Consumer price inflation accelerated to 3.2 percent in May from April's 2.7 percent. Moreover, this was the highest inflation rate since September 2023, when prices rose 5.3 percent. That was in line with the flash data published on May 29.

The rise in inflation was mainly influenced by the price developments in non-regulated energy products, which grew by 12.5 percent.

Inflation based on regulated energy products rose to 5.6 percent from 5.3 percent. The annual price growth in transport-related services also accelerated 1.7 percent from 0.6 percent.

Excluding energy and unprocessed food, core inflation increased to 1.7 percent from 1.6 percent.

On a monthly basis, consumer prices went up 0.4 percent after rising 1.1 percent in April, as estimated.

The EU measure of inflation was 3.2 percent in May, up from 2.8 percent in April. In the flash estimate, the rate was 3.3 percent. Monthly, the HICP climbed 0.3 percent, revised down from 0.4 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Hong Kong Jobless Rate Remains Stable At 3.7% (38 min(s), 26 sec(s) ago)
(RTTNews) - Hong Kong's unemployment rate held steady in the three months ending in May, labor ...Full Story»

Italy Inflation Confirmed At 32-month High (01 hr(s), 14 min(s), 26 sec(s) ago)
(RTTNews) - Consumer price inflation in Italy accelerated further in May to the highest level in m ...Full Story»

Turkey Retail Sales Growth Eases To 13-month Low (01 hr(s), 35 min(s), 26 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated in April to the lowest level in just over a ...Full Story»

Czech Producer Prices Rise Most In 17 Months (02 hr(s), 18 min(s), 26 sec(s) ago)
(RTTNews) - The Czech Republic's industrial producer price inflation accelerated less-than-exp ...Full Story»

China Retail Sales Decline For First Time Since 2022 (02 hr(s), 45 min(s), 26 sec(s) ago)
(RTTNews) - China's retail sales declined for the first time since 2022 on subdued domestic de ...Full Story»

Australia Keeps Interest Rate Unchanged (04 hr(s), 30 min(s), 26 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia left its benchmark interest rate unchanged on Tuesday as ...Full Story»

Bank Of Japan Hikes Key Rate By 25 Bps (06 hr(s), 0 min(s),26 sec(s) ago)
(RTTNews) - The Bank of Japan raised its benchmark interest rate by a quarter-point on Tuesday, to ...Full Story»

Australia, Japan Rate Decisions On Tap For Tuesday (53 min(s), 34 sec(s) ago)
(RTTNews) - The Reserve Bank of Australia will wrap up its monetary policy meeting on Tuesday and ...Full Story»