Italy June Inflation Rises As Initially Estimated

(MENAFN- Qatar News Agency) Italy's EU harmonized inflation accelerated in June, and matched the preliminary estimates, final data released by statistical office Istat showed Friday. Inflation as per the harmonized index of consumer prices (HICP) moved up to 1.4 percent in June from 1.3 percent in May. The June figure matched the initial estimates. On a monthly basis, the HICP advanced 0.3 percent in June, which was in line with the preliminary estimates. At the same time, the consume price index advanced 1.2 percent year-on-year in June, as previously estimated, after recording a 1.1 percent gain in the previous month, RTT news reported. Consumer prices edged up 0.3 percent compared to May, when they stayed unchanged. The growth rate matched flash estimates, data showed.