Italy's producer prices increased for the second straight month in July, data from the statistical office ISTAT showed on Tuesday.
Producer prices rose 0.5 percent monthly in July, slower than the 1.4 percent increase in June.
The overall increase was mainly driven by a 1.7 percent rise in energy costs. Prices for durable consumer goods and capital goods grew 0.3 percent and 0.2 percent, respectively. Meanwhile, prices for intermediate goods dropped by 0.1 percent.
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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.