According to a survey conducted by the National Institute of Statistics in Italy in June, inflation was 1.2 percent compared to last month and 8 percent compared to the same month last year: it is the highest number since 1986. As expected, energy prices in particular by 48.7 percent compared to the year Past.
Price increases in Italy are similar to those in the eurozone: according to a survey by the European Union statistical office Eurostat, inflation in June was 8.6 percent year on year, with a 41.9 percent increase in energy-related prices. It is the highest level since the creation of the eurozone with the entry into force of the single currency in 1999.
To fight inflation, the European Central Bank announced last month that it would raise interest rates, likely in July.
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