Italy's total producer price index, or PPI, rose 3.4% in June after rising 3.7% in May, statistical office Istat said Friday. Economists had forecast 3.6% rise. Producer prices have been rising since February.
The domestic PPI was up 3.5% annually, while the external PPI climbed 3.1%. In May, domestic producer prices grew 3.9% and the external PPI rose 3.5%.
On a monthly basis, total producer prices grew 0.2%, slower than May's 0.6% rise. The PPI was forecast to rise 0.3%. Internal producer prices were up 0.2% and external prices increased 0.3%.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.