Consumer price inflation in Italy moderated slightly in June from a 32-month high in May, preliminary data from the statistical office showed on Tuesday.

Consumer price inflation slowed to 3% in June from May's 3.2%, which was the highest inflation rate since September 2023.

The annual price growth in unprocessed food eased to 4.5% from 5.5%, and that in services related to transport softened to 1.1% from 1.7%.

On the other hand, inflation based on regulated energy products accelerated to 9.3% from 5.6%, and non-regulated energy products' inflation rose to 12.9% from 12.5%.

Excluding energy and unprocessed food, core inflation moderated to 1.6% from 1.7%.

On a monthly basis, consumer prices remained flat versus an expected increase of 0.1%.

The EU measure of inflation was 3.1% in June, down from 3.2% in May. Monthly, the HICP edged up 0.1%.

Separate official data showed that producer price inflation quickened to 7.3% in May from 6.8% in April, primarily driven by further increases in intermediate product prices. Monthly, producer prices dropped 0.2%, in contrast to a 0.3% increase in April.