Italy's annual inflation rate fell to 3% in June, down from 3.2% in May, according to a provisional estimate released by Istat on Tuesday.
    The national statistics agency said its consumer-price index was flat this month compared to last.
    "The slight slowdown in inflation reflects the price dynamics of unprocessed food (from +5.5% to +4.5%), of services related to recreation, including repair and personal care (from +3.0% to +2.7%), and services related to transport (from +1.7% to +1.1%)," Istat said.
    "By contrast, prices for energy products accelerated, both regulated energy products (from +5.6% to +9.3%) and non-regulated energy products (from +12.5% to +12.9%)".
    Italy's inflation rate has climbed significantly in recent months following the energy-price shock triggered by the Iran war.
    Istat said its 'shopping trolley' index of the prices of food, household goods, and personal care products rose by 1.6% in June, down from 1.9% in May.

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