Italy's producer price inflation moderated in June to the lowest level in three months, the statistical office ISTAT showed on Thursday.

The producer price index climbed 5.8% year-over-year in June, slower than the 7.3% increase in May. Prices have been rising since March.

The overall increase was mainly driven by 14.9% higher costs for energy. Prices for intermediate goods increased 4.8%, and those for capital goods rose by 0.2%. Data showed that costs for consumer goods moved up 1.2%.

On a monthly basis, producer prices remained flat in June versus a 0.2% drop in May.