30-May-2026
Economy News
 
Italy EU-Harmonised CPI Jumps to 3.3% Y/y in May, Slightly Above Forecast
30-May-2026

Italian EU-harmonised consumer prices (HICP) rose by 0.4% in May from the month before, with the annual inflation rate surging to 3.3% from 2.8% in April amid increasing energy costs due to turmoil in the Middle East, preliminary data showed on Friday. The reading was slightly above a median forecast in a Reuters survey of 17 analysts which pointed to an increase of 0.3% month-on-month and a year-on-year rise of 3.2%.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-29/italy-eu-harmonised-cpi-jumps-to-3-3-y-y-in-may-slightly-above-forecast