Inflation in May increased to 1.1% from 0.5% in April, national statistics bureau ISTAT said Thursday in a provisional estimate, explaining it is the highest level since last September.
The inflation rate doubled in a month with rising food and gasoline prices, ISTAT said. The price increase registered on a monthly basis was 0.4%, it said.
Overall in May prices for food, house and personal products went up 0.8% on a monthly basis and 1.9% on an annual basis, up on the 1.2% increase reported in April, to the highest level since March 2017, ISTAT said.
Prices of products that are frequently bought by consumers, including fuel, went up 0.8% month-on-month and 2.1% on an annual basis (from a 1.4% increase in April).
ALL RIGHTS RESERVED © Copyright ANSA
