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last mo.

Italy’s Inflation Rises to 1.7% as Food and Transport Prices Jump

Consumer associations say families must cover an extra €630 each month because of soaring food costs alongside rising transport bills.

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Overview

  • The national consumer price index rose 0.2% month-on-month and 1.7% year-on-year in June, up from 1.6% in May.
  • The shopping basket measure climbed to 2.8% year-on-year from 2.7% in May.
  • Unprocessed food prices jumped 4.2% year-on-year, compared with 3.5% in May.
  • Core inflation excluding energy and fresh food edged up to 2.0% in June.
  • Consumer associations calculate that families face an extra €630 in monthly expenses, including €337 for the grocery basket and €320 for food and non-alcoholic beverages.