Italian inflation shoots up
Italian 12-month inflation shot up in July to 1.7 percent from 1.3 percent in June mainly because of high gas prices, estimates from the national statistics institute ISTAT showed on Friday.
Italian annual inflation, as measured by the harmonized index of consumer prices, slowed slightly to 3.7 percent in April from 3.8 percent in March, final data published by the statistical office Istat showed Monday.