The Italian statistical office Istat released its consumer price inflation data on Monday. Italian consumer prices rose 0.1% in May, after 0.1% in April. April's figure was revised down from a 0.2% increase.

The rise was driven by higher prices of non-regulated energy products (+1.8%) and higher prices of services.

On a yearly basis, Italian consumer prices climbed 0.1% in May, after a 0.1% decline in April. April's figure was revised down from a 0.2% gain.

The increase was driven by lower decline in prices of non-regulated energy products (May: -7.2% vs. -8.7% in April) and by higher prices of services (May: +0.8% vs. -0.6% in April).