In June, inflation was 8 per cent in Italy and 8.6 in the euro area, where it reached its highest level ever

According to an ISTAT surveythe National Institute of Statistics, in Italy in June inflation was 1.2 percent compared to last month and 8 percent compared to the same month last year: it is the highest figure since 1986 As expected, energy prices in particular increased by 48.7 per cent compared to a year ago.

Price increases in Italy are similar to those recorded in the euro area: second a Eurostat survey, the statistical office of the European Union, inflation in June was 8.6 percent year-on-year, with energy-related prices rising 41.9 percent. It is the highest level since the euro zone was created with the entry into force of the single currency in 1999.

To fight inflation, the European Central Bank announced last month that will raise interest ratesprobably as early as July.

– Read also: It will be a bad period for the ECB

–